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NET FOREIGN EXCHANGE GAIN (LOSS) | 12 Months Ended
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Dec. 31, 2018
Net Foreign Exchange Gain |
NET FOREIGN EXCHANGE GAIN (LOSS) | NOTE 30 NET FOREIGN EXCHANGE GAIN (LOSS) Net foreign exchange income includes the income earned from foreign currency trading, differences arising from converting monetary items in a foreign currency to the functional currency, and those generated by non-monetary assets in a foreign currency at the time of their sale. For the years ended December 31, 2018, 2017 and 2016 net foreign exchange income is as follows:
| For the years ended December 31,
| 2018 |  | 2017 |  | 2016
| MCh$ |  | MCh$ |  | MCh$
Net foreign exchange gain (loss) |  |  |  |  |
Net profit (loss) from currency exchange differences | (212,618) |  | 113,115 |  | 116,117
Hedging derivatives | 252,275 |  | 22,933 |  | 399,875
Income from assets indexed to foreign currency | 12,251 |  | (9,190) |  | (8,745)
Income from liabilities indexed to foreign currency | - |  | 98 |  | 145
Total | 51,908 |  | 126,956 |  | 507,392

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- Definition The entire disclosure for the effect of changes in foreign exchange rates. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 21 -IssueDate 2018-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=21&date=2018-03-01&anchor=sect_Disclosure&doctype=Standard -URIDate 2018-03-16 + Details
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