Copper Rally Resuscitates the World's Worst Performing Currency in the First Quarter.

The Chilean peso, which was the worst performing currency in the first quarter, is now experiencing a rally due to the rise in copper prices. Copper, which makes up over half of Chile's exports, has increased by 20% since February, while the peso has only gained 2.2%. The rally in copper is also benefiting the Peruvian sol. However, investing in Chile and Peru is considered risky due to the volatility of their currencies and reduced trading volumes. [Extracted from the article]