IATA highlights ‘the magnitude of the economic turmoil’ in Argentina

    IATA reported (28-Sep-2018) a 4.2% year-on-year reduction in Argentina‘s 2Q2018 GDP, “highlighting the magnitude of the economic turmoil in that country”. The ARS weakened by around 35% in the month against the USD. The BRL weakened around 10% and the CLP and COP weakened by around 6%. [more – original PR]