By Froilan Romero
SANTIAGO, Nov 27 (Reuters) – Most currencies in Latin America were trading lower mid-day on Friday, due to doubts about the effectiveness of a coronavirus vaccine that reduced appetite for risky assets and countered a global decline in the dollar.
* The dollar was down on early trading in London on Friday and was heading for a weekly loss against a basket of currencies, even as the stock market lost steam after sentiment was hit by doubts about AstraZeneca’s vaccine against COVID-19.
* The dollar has fallen more than 2.2% so far this month, as global confidence has been strengthened by Joe Biden’s victory in the United States elections and news of progress in the development of the vaccines, which has reduced demand for the currency seen as a safe haven asset.
* Several scientists raised doubts about the success rate of the vaccine developed by the British pharmaceutical AstraZeneca.
* The Mexican peso was trading at 20.0620 to the dollar, down 0.17% from the Reuters reference price on Thursday.
* The benchmark S & P / BMV IPC index, made up of the shares of the 35 most liquid firms in the market, fell 0.49% to 42,199.63 points
* The Brazilian real was down 0.3% to 5.3200 units per dollar and the Bovespa equity index was up 1.05% to 111,384.67 units.
* In Argentina, the peso fell 0.16%, to a record low of 81.03 units per dollar in depreciation regulated by the Central Bank, while the Merval index of the Buenos Aires Stock Exchange reversed early losses and It was up 1.95%, to 55,526.46 points.
* The Chilean peso appreciated 0.5%, to 766.10 / 766.40 units per dollar, helped by an increase in the price of copper, the country’s main shipment. Meanwhile, the main index of the Santiago Stock Exchange, the IPSA, rose 0.74%, to 4,152.29 points.
* Copper reached its highest level in seven and a half years on Friday on purchases by speculators and industrial users, acquisitions made in preparation for an economy rebound driven by COVID-19 vaccines.
* The Colombian peso strengthened 0.17% to 3,611.90 units per dollar, while in the stock market the COLCAP stock index fell 0.13% to 1,261.40 points.
* The Peruvian currency, the sol, fell a marginal 0.11%, to 3.607 / 3.608 units per dollar, while the reference of the Lima stock market rose 0.87%, to 522.93 points.
(Report by Froilán Romero. Additional report by Jorge Otaola and Hernán Nessi in Buenos Aires, Nelson Bocanegra in Bogotá and María Cervantes in Lima.)