Latin American Currencies Fall 0.4%-1.7% on Thursday Amid Fed Rate Hike Concerns

Latin American currencies declined against the dollar on Thursday as investors weighed rising odds of U.S. Federal Reserve rate hikes later this year. Mexico's peso fell 0.4%, while the broader MSCI Latin America Currency Index dropped 1.7%. The U.S. dollar index rose 0.5% during the session. The MSCI Latin America equity index fell 1.5%, though local stock markets showed mixed performance.
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