Chilean wineries are flexible against the fall of the exchange rate
A complex situation has faced in recent weeks the Chilean wineries producing wine for export. The constant fall of the exchange rate, low production volumes and the tailbacks that Brexit originated in the United Kingdom, have installed an uncertain environment for Chilean vineyards for this 2018. Several vineyards have adjusted their budget for investments, due to the increase in raw material and labor costs. For the vintners it is difficult to handle these external variables, since the remittances receive them…