Friday, September 16, 2016

EMERGING MARKETS-Mexico peso hits record low on U.S. CPI data; Brazil real rises

By Bruno Federowski

SAO PAULO, Sept 16 (Reuters) - Most Latin American

currencies slumped on Friday after U.S. inflation data offered

additional support to expectations of a Federal Reserve rate

hike this year, with the Mexican peso hitting a fresh record low

against the dollar.

But the Brazilian real strengthened after central bank chief

Ilan Goldfajn told Reuters that financial turbulence stemming

from U.S. policy tightening could deter the bank from quickly

reducing its stock of curre

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