The observed dollar rate published by the Central Bank for Tuesday, November 10, 2026 is CLP 969.80, 10.08 pesos less than Monday's (-1.03%) and the lowest since October 7 (CLP 967.79), according to the Central Bank of Chile, observed dollar rate, via mindicador.cl. The drop reflects Monday's market moves: Brent crude plunged 5.8% to US$92.7 a barrel after Donald Trump called a large-scale attack on Iran "very unlikely", and the MSCI IPSA rose 0.5% to 10,589.65 points, according to Diario Financiero. In the interbank market the dollar closed at CLP 971.2, down CLP 8 (Diario Financiero).
View the data as a table
| Observed dollar | $969.80 |
| MSCI IPSA | 10,589.65 |
| Brent | US$92.7 |
| Copper | US$6.30 |
Dollar today: why it fell to CLP 969.80
The exchange rate in Chile responds mainly to two external forces: the global value of the dollar and the price of copper. On Monday both favored the peso. The dollar index (DXY), which measures the US currency against its peers, fell 0.5% to 101.8 points, and copper rose 0.9% to US$6.3 a pound on the London Metal Exchange, according to Diario Financiero. Relief on oil added to that: Chile imports almost all the crude it consumes, so a cheaper barrel reduces the demand for dollars to pay for fuel. What drives the exchange rate this year is explained in our guide to the dollar today in Chile.
View the data as a table
| Observed dollar | |
|---|---|
| Oct 1 | $972.60 |
| Oct 2 | $983.84 |
| Oct 5 | $984.82 |
| Oct 6 | $977.25 |
| Oct 7 | $967.79 |
| Oct 8 | $979.85 |
| Oct 9 | $981.61 |
| Oct 13 | $978.61 |
| Oct 14 | $980.79 |
| Oct 15 | $987.03 |
| Oct 16 | $984.09 |
| Oct 19 | $981.65 |
| Oct 20 | $981.86 |
| Oct 21 | $978.56 |
| Oct 22 | $976.82 |
| Oct 23 | $986.58 |
| Oct 26 | $990.35 |
| Oct 27 | $994.29 |
| Oct 28 | $985.14 |
| Oct 29 | $981.08 |
| Oct 30 | $993.22 |
| Nov 2 | $992.66 |
| Nov 3 | $981.82 |
| Nov 4 | $980.59 |
| Nov 5 | $970.95 |
| Nov 6 | $970.94 |
| Nov 9 | $979.88 |
| Nov 10 | $969.80 |
So far in 2026 the observed dollar is up 6.9%: it started the year at CLP 907.13 (January 2), hit its low of CLP 854.25 on February 10 and its high of CLP 994.29 on October 27, when the Middle East conflict pushed up energy prices and sent investors toward safe-haven assets. Since that peak it has fallen 24.49 pesos.
IPSA today: it rose 0.5% on Monday led by LATAM
The Chilean stock market extended last week's rebound, when the IPSA gained 2.75%. On Monday the index closed at 10,589.65 points, with gains led by LATAM Airlines (+3.2%), Salfacorp (+2.6%), Falabella (+1.9%) and Itaú (+1.9%), according to Diario Financiero; Diario Estrategia also reported a 0.50% change. The airline is the stock that gains the most from cheap oil, because fuel is its main cost: in the third quarter it spent US$1,570 million on it, as we detail in our article on LATAM and oil. On Wall Street, the Nasdaq rose 2.7%, the Dow Jones 2.3% and the S&P 500 2.2%.
| Indicator | Close or value | Change |
|---|---|---|
| MSCI IPSA | 10,589.65 points | +0.5% |
| Interbank dollar (Monday) | CLP 971.2 | -CLP 8 |
| Observed dollar (Tuesday) | CLP 969.80 | CLP -10.08 |
| Brent | US$92.7 per barrel | -5.8% |
| Copper (London) | US$6.3 per pound | +0.9% |
| Dollar index (DXY) | 101.8 | -0.5% |
| S&P 500 | — | +2.2% |
| Nasdaq | — | +2.7% |
Sources: Central Bank of Chile, observed dollar rate, via mindicador.cl; Diario Financiero; Diario Financiero. Tuesday's observed dollar is calculated from Monday's transactions. How the index works and which companies make it up is explained in our guide to the IPSA.
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See advertising optionsUS CPI: the figure that could move the dollar today
At 8:30 New York time (10:30 in Chile) the Bureau of Labor Statistics publishes the October consumer price index (BLS). The market expects a 0.3% monthly increase, half of the previous month's, and this time there will be no annual comparison, because the 2025 government shutdown left October of last year unmeasured, according to Diario Financiero. Higher-than-expected inflation tends to strengthen the dollar globally and push up the exchange rate in Chile; a lower reading tends to do the opposite. Short-term US yields rose on Monday ahead of the release.
For the rest of the week the focus returns to the Central Bank of Chile, which starts its Financial Policy Meeting on Friday the 13th and publishes the statement on Monday the 16th from 18:00 (Central Bank calendar). The full agenda is in our economic calendar for the week. For those buying dollars to travel or save, the day's rate and where to exchange them is in where to buy dollars in Chile.
- Tue Nov 10US October CPI10:30 Chile time
- Fri Nov 13Financial Policy Meeting begins
- Mon Nov 16FPM statementFrom 18:00
- Tue Nov 17Financial Stability Report
- Wed Nov 18Third-quarter GDP
Copper and the euro, the other prices that move Chileans' wallets
Copper, Chile's main export and one of the drivers of the peso, is worth US$6.33 a pound according to the value published by mindicador.cl with Cochilco data for this Tuesday. It started 2026 at US$5.56, hit its low for the year on March 24 (US$5.37) and its high on September 11 (US$6.72). Its October average was US$6.58, the highest of the year, and in November it is down to US$6.45. Expensive copper tends to bring more dollars into the country and push the exchange rate down; that is why the dollar did not rise further in October despite tension in the Middle East. The euro, meanwhile, is at CLP 1,086.61 today, according to the Central Bank. Its evolution is in the euro today in Chile.
View the data as a table
| Copper | |
|---|---|
| Jan | US$5.86 |
| Feb | US$5.88 |
| Mar | US$5.73 |
| Apr | US$5.83 |
| May | US$6.11 |
| Jun | US$6.17 |
| Jul | US$6.12 |
| Aug | US$6.47 |
| Sep | US$6.56 |
| Oct | US$6.58 |
| Nov | US$6.45 |
For consumers, a cheaper dollar has concrete effects: it makes imported goods, airfares and card purchases on foreign websites cheaper, and lowers the cost of dollar debts. For those who save in that currency or earn income in dollars, the effect is the opposite. What does not change is the advice not to make decisions based on a single market day: the observed dollar moved between CLP 970 and CLP 994 in the last three weeks alone.
Frequently asked questions about today's dollar and the IPSA
What is the dollar rate today, Tuesday, November 10?
The observed dollar rate for today is CLP 969.80, according to the Central Bank. It is the official rate for contracts and paperwork; banks and exchange houses sell at a higher price.
Where did the IPSA close on Monday, November 9?
At 10,589.65 points, up 0.5%.
Why is the dollar falling in Chile?
Because of the dollar's global decline (DXY -0.5%), the rise in copper (+0.9%) and the plunge in oil, which fell 5.8% on Monday.
What time is the US CPI released?
At 10:30 Chile time (8:30 New York) this Tuesday, November 10.
