* Chile copper production up 2.2% in October * Brazil unemployment falls to 8.3%, below data * Peru protests against the 3rd impeachment attempt against Castillo * EM set for the best in months each since 2009 By Bansari Mayur Kamdar Nov 30 (Reuters) – The Chilean peso rose on Wednesday after the top copper producer reported its first rise in metal output since July 2021, but Latin American stocks and funds were slow to improve their emerging markets this month. MSCI’s index for Latin American stocks rose 0.7% and the money was announced on Wednesday. Latam stocks fell 2.2% in November compared to a 14.5% jump in broader EM data that put the latter on track for their best month since May 2009. Although Latam funds expanded their earnings in November helped by a weak dollar, weakness in the Brazilian real weighed on the index. It actually fell 0.4% against the dollar on Wednesday and was down 2% this month. “Real had a good run for a while before November, a lot of changes before and after the election,” said Juan Perez, director of trading at Monex USA in Washington. “Right now, overall it looks like commodity prices and production plans are falling in price.” Brazil’s unemployment rate fell to 8.3% in the three months to October, statistics agency IBGE said, below market expectations as it continued to falter. the main award in seven years minimum. The Chilean peso added 0.5% to the dollar. Copper production in Chile, the world’s largest producer of steel, rose 2.2% year-on-year to 485,447 tons in October, the country’s statistics office said. INE. Peru’s currency also rose 0.4% against the dollar in early trade. Political tensions continue to intensify as opposition politicians present another motion against President Pedro Castillo, the third such attempt. official to oust the leftist leader since taking office last year. The Mexican peso fell 0.5% against the dollar. President Andres Manuel Lopez Obrador said he is seeking an agreement with Washington after the United States threatened legal action over Mexico’s plan to ban genetically modified (GMO) corn by 2024. The peso is Colombia rose 0.1% as strong oil prices boosted oil producers’ earnings. Key Latin Americance Stock Storess Shippess and money at 1456 GMT: The information that happens Daily % change Brazilian real 5.2850 0.05 Mexican peso 19.3251 -0.56 Chilean peso 891.5 0.95 Colombian peso 4801.43 0.10 Peruvian sol 3.8391 0.26 Argentine peso (interbank) 167.2000 Pesos (interbank) 167.2600 (Interbank) 167.2600 (Interbank) 167.2600/167.2600 Argentina (Bandara1700) Elaine Hardcastle)
