27 March 2010

CHILE: Peso Continues Decline, Down 4.8% Since Quake.

BLOOMBERG/     Chile’s peso is down for the third straight week as exports are crippled in a region that accounts for 13% of the country’s GDP with the total decline now 4.8 percent. The peso's drop to 534.20 per USD has erased an initial 3.1% surge in the first days after the massive 8.8 quake.