By Bruno Federowski
SAO PAULO, Feb 15 Latin American currencies
mostly weakened on Wednesday after U.S. consumer prices rose by
the most in nearly four years, fueling bets on higher U.S.
The Labor Department said its Consumer Price Index jumped
0.6 percent last month, surpassing analyst expectations of a 0.3
The figures came a day after U.S. Federal Reserve Chair
Janet Yellen signaled rates could rise as soon as next month,
despite uncertainty over President Donald Trump's policies.
The Mexican peso slipped 0.6 percent, while the
Colombian peso weakened 0.4 percent.
The Brazilian real, however, firmed to the strongest
in more than a year and a half, extending gains for a second day
following a central bank decision to resume currency
Brazil's benchmark Bovespa stock index rose 0.8
percent as expectations of higher U.S. rates lifted bank shares
worldwide. Emerging market stocks had earlier hit a
Shares of Brazilian lender Itaú Unibanco SA rose
1.7 percent, adding the most points to the benchmark index.
Banco Bradesco SA advanced 1.2 percent.
Key Latin American stock indexes and currencies at 1425 GMT:
Stock indexes daily YTD %
MSCI Emerging Markets 939.47 0.58 8.33
MSCI LatAm 2634.09 1.34 11.05
Brazil Bovespa 67257.89 0.82 11.67
Chile IPSA 4334.27 -0.2 4.41
Chile IGPA 21623.98 -0.23 4.29
Argentina MerVal 19602.92 -0.01 15.87
Colombia IGBC 9882.61 0 -2.42
Venezuela IBC 33683.30 -0.06 6.24
Currencies daily YTD %
Brazil real 3.0797 0.46 5.50
Mexico peso 20.3760 -0.60 1.81
Chile peso 640.46 0.16 4.72
Colombia peso 2881.6 -0.43 4.16
Peru sol 3.262 -0.12 4.66
Argentina peso (interbank) 15.4650 0.10 2.65
Argentina peso (parallel) 16.36 0.55 2.81
(Reporting by Bruno Federowski; Editing by Nick Zieminski)