Observed dollar
What it means
It's the reference exchange rate of the Chile. This is calculated by the Central Bank of Chile (BCCh) with one-day formal exchange market dollar purchase and sale operations.
Publisher
The Central Bank of Chile, which also publishes it in the Official Journal.
When it is used
In contracts and debts in dollars, in the accounts of the companies and for taxes to the SII. It is not the price at which they sell you dollars in a bank or exchange house, that they set their own.
How it is updated
It is calculated with the operations of one working day and rules from the next working day. Saturdays, Sundays and holidays are the last published.
Where the number comes from
Central Bank of Chile, daily indicators (via mindicador.cl).