The dollar opened higher on Wednesday, pressured by a fall in international stock markets after they met at the previous session an item of consumer confidence in U.S. worse than expected, traders said.
At 0830 local time (1130 GMT), the spot rate reached 531.00 pesos buyer and seller 531.50, up by 0.4 percent, compared with 528.90 and 529.20 pesos Tuesday's close.
"The decline in weight is the continuation of a trend that began on Tuesday as a fact of consumer confidence in the U.S., which was worst than expected, dragged most global stock markets and so far still operating in negative, "said one trader.
A report on Tuesday showed U.S. consumer confidence fell in February to its lowest level since April 2009, to worsen the outlook on the labor market.
Managers also mentioned the falling copper prices in London as another factor that is influencing the decline of the Chilean currency, since after the U.S. data worsened the prospects for a rebound in Chinese demand for metal.
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