# Chile's peso gains while Latam FX rally cools

> Brazil's real and Mexico's peso gave back some recent gains on Wednesday, while Chile's peso rose on elevated copper prices. The real was flat after rising more than 7% in November, and the Mexican peso fell 0.4%. Britain's approval of the Pfizer-BioNTech vaccine produced little additional move.

- Date: 2020-12-02 · published 2020-12-02T12:00:00.000Z
- Category: market · region Latin America · magnitude low
- Page: https://feedsoft.ai/events/49852-chile-s-peso-gains-while-latam-fx-rally-cools
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

This is routine Latin American currency commentary with no major new driver for feed or grain prices. The vaccine and risk-appetite backdrop is already priced in.

## Sources

- reuters.com: https://www.reuters.com/article/emerging-markets-latam/emerging-markets-chiles-peso-gains-while-latam-fx-rally-cools-idUSL1N2II1BM/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.