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EMERGING MARKETS-Latam FX weaken as recession fears keep dollar well-bid

Most Latin American currencies weakened on Friday, putting an index of regional currencies on course to mark its seventh straight weekly loss as recession fears kept the safe-haven dollar well-bid despite a dismal U.S. jobs report. Brazil's real slipped 0.8% to a record low, while Mexico's peso dropped 1.7%, taking MSCI's index of regional currencies down 1%. The index is set to end the week about 3.5% lower. Colombia's currency, meanwhile, fir

[ reuters.com ] companyNews,
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