SAO PAULO: Most Latin American currencies weakened on Monday after tepid U.K. manufacturing data reinforced concerns over economic spillover stemming from the so-called "Brexit" vote.
Separate surveys showed British manufacturing shrinking at the fastest pace in over three years, while business confidence tumbled.
Many investors had brushed off Britain's decision to leave the European Union, hoping that global central banks would counteract any financial turmoil with fresh stimulus.
But recent figures showed growing odds that Britain could soon face a recession, weighing on appetite for risk-bearing assets.
The Mexican and Colombian pesos declined on Monday after strengthening sharply on Friday. A tumble in crude prices following increases in OPEC production and US oil rig additions also pressured both currencies.
Brazil's central bank decision to intervene once again after standing pat for a day contributed to a drop in the real.
The country's benchmark Bovespa stock index slipped 0.3 percent as lower crude prices hit shares of state-controlled oil company Petr?leo Brasileiro SA .
But shares of card payment processor Cielo SA rose to a one-year high ahead of quarterly results after the market close. Analysts with BTG Pactual wrote that they expect strong earnings, with only slight deceleration in transaction volumes and yields.
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