EMERGING MARKETS-Chile's peso drops after GDP downgrade; Brazil rate decision in focus
June 17, 2020 at 10:14 AM EDT
Chile's peso tumbled on Wednesday after the central bank cut its economic growth outlook, while Brazil's real was flat ahead of an interest rate decision, with most Latin American markets trading muted. The peso fell about 1.6% to the dollar after the Chilean central bank revised its 2020 economic growth estimation