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Net Foreign Exchange Gain (Loss) | 12 Months Ended
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Dec. 31, 2021
Disclosure of effect of changes in foreign exchange rates [text block] [Abstract] |
NET FOREIGN EXCHANGE GAIN (LOSS) | NOTE 29 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, 2021, 2020 and 2019 net foreign exchange income is as follows:
|  | For the years ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
|  | MCh$ |  |  | MCh$ |  |  | MCh$ |
Net foreign exchange gain (loss) |  |  |  |  |  |  |  |  |
Net (losses)/gains from currency exchange differences |  |  | (481,340 | ) |  |  | 90,133 |  |  |  | (89,893 | )
Hedging derivatives |  |  | 587,976 |  |  |  | (27,624 | ) |  |  | 362,374 |
Gain/(loss) from assets indexed to foreign currency |  |  | 18,795 |  |  |  | (3,512 | ) |  |  | 7,376 |
Total |  |  | 125,431 |  |  |  | 58,997 |  |  |  | 279,857 |

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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 2021-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=21&code=ifrs-tx-2021-en-r&doctype=Standard&dita_xref=IAS21_g51-57_TI -URIDate 2021-03-24 + Details
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