Home » News » Latin American markets-coins and stock exchanges in Latin America fall due to expectation of an increase in rates in the US

Latin American markets-coins and stock exchanges in Latin America fall due to expectation of an increase in rates in the US

(Updated with closings) BOGOTÁ, Jan 10 (Reuters) – Latin America’s main currencies depreciated on Monday amid expectations of an interest rate hike in the United States in March, as contagions of coronavirus globally due to the highly contagious omicron variant. * The International Monetary Fund announced that emerging economies should prepare for US rate hikes, warning that faster-than-expected cycles could shake financial markets and trigger capital outflows and a depreciation of their currencies. * Stock markets in the region also closed in negative territory, following the negative tone of earlier in the day of the main Wall Street indices, which finally ended far from their session lows and with the Nasdaq registering a minimal rise. * The Mexican peso lost 0.15% to 20.3896 per dollar in the final price of the Central Bank, while the benchmark S & P / BMV IPC stock index fell 0.69% to 52,835.76 points. * In Brazil, the real fell 0.72% to 5.6723 and the Bovespa equity index fell 0.75% to 101,945.2 points. * In Argentina, the peso lost 0.20% to 103.50 per dollar at the wholesale closing with Central Bank regulation, while on the stock market the Merval index fell 0.78% to 83,746.3 units. * The Chilean peso closed with a decline of 1.04% to 837.20 / 837.50 units per dollar, amid the advance of the dollar in global markets and a drop in the price of copper, the country’s main export . The leading index of the Santiago stock exchange, the IPSA, added a marginal 0.04% to 4,298.24 points. * The Peruvian currency, the sol, fell 0.08% to 3.933 / 3.934 units per dollar and the benchmark of the Lima Stock Exchange lost 0.11% to 596.08 points. * Colombian markets were closed for a religious holiday. Quotes at 2123 GMT Stock indices Quotation Daily pct chg Daily pct chg in the year MSCI Markets 1,226.1 0.74 -0.6 Emerging MSCI Latin America 2,103.85 1.23 0.46 Bovespa Brazil 101,945.2 -0.75 -2.7449 CPI Mexico 52,879.82 -0.61 -0.74 Argentina MerVal 83,746.3 -0.777 176.30 COLCAP Colombia 1,394.22 0.9 -3.04 IPSA Chile 4,298.24 0.04 -15, 80 Selective Peru 596.02 -0.12 16.33 Dollar against currencies Quote Var pct Var pct monthly in the year Brazilian real 5.6623 -1.60 -1.6 Mexican peso 20.3645 0.58 0.58 Chilean peso 835.5 1.96 1.96 Colombian peso 4,047.06 0.49 +0.49 Peruvian sol 3.9236 1.36 +1.36 Argentine peso 103.45 -0.73 -0.73 (Report by Luis Jaime Acosta, Miguel Angel Gutiérrez, Jorge Otaola, Froilan Romero and Benjamín Mejias, Edited by Juana Casas)

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.