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Argentina’s economic turmoil hits international travel

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The fall-out from Argentina's financial turmoil is having a huge impact on travel to and from the country, according to latest figures from ForwardKeys which predicts future travel patterns by analysing 17 million booking transactions a day.Outbound travel bookings collapsed after the Peso crashed in May and President Macri asked the IMF for a bailout. Bookings for travel from Argentina to other Latin American countries (which have the largest share of Argentina's outbound travel, at 43%) slumped year-on-year by 26.1%.

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This press release was sourced from ForwardKeys on 19-Jun-2018.