By Maria Cervantes
LIMA, Apr 7 (Reuters) – Latin American currencies were trading on mixed trends mid-day Wednesday against the global stability of the dollar and amid a second wave of COVID-19 infections in the region that weighed on spirits From the market.
* Investors were also waiting for the publication of the minutes of the last meeting of the United States Federal Reserve (Fed), in which expectations about the economic recovery in that country could be improved.
* “Investors keep an eye on the Fed’s minutes later, while assimilating the IMF’s rise to 6% in the expectation of growth in the world economy,” analysts from financial group Banorte said earlier.
* The Peruvian sol advanced strongly for the fourth consecutive day by 0.83%, 3.602 / 3.604 units per dollar, amid the expectation before the presidential elections on Sunday where at least five candidates fight to go to the second round.
* And the benchmark for the Lima Stock Exchange fell 0.38%, to 568.17 points.
* In Argentina, the peso was down a slight 0.05% to 93.34 per dollar in a market with liquidity regulated by the central bank at times of good foreign exchange settlement by the agricultural sector. The S&P Merval index was stable.
* For its part, the Colombian peso rose a slight 0.06% to 3,633.25 units per dollar and in the stock market the COLCAP stock index climbed 0.28% to 1,328.11 points.
* The Chilean peso rose 0.53%, to 712.30 / 712.80 units per dollar, in a volatile day due to the daily purchases of foreign currency made by the Central Bank to increase its reserves. Meanwhile, the IPSA benchmark on the Santiago stock market fell 0.5%, to 4,836.57 points.
(With contribution from Froilán Romero in Santiago, Nelson Bocanegra in Bogotá and Walter Bianchi in Buenos Aires, Edited by Manuel Farías)