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peso |
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peso 1. the standard monetary unit, comprising 100 centavos, of Argentina, Chile, Colombia, Cuba, the Dominican Republic, Mexico, and the Philippines; formerly also of Guinea-Bissau, where it was replaced by the CFA franc 2. the standard monetary unit of Uruguay, divided into 100 centesimos 3. another name for piece of eight How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| The increase is primarily attributable to an 8% appreciation of the Chilean peso partially offset by lower revenue in local currency. The Chilean peso has strengthened as more dollars have flowed into the country on bond-buying. Chile as a nation has become a victim of its own success, with booming copper exports to China in particular causing the Chilean peso to surge up against the dollar. |
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