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Brazil c.bank announces rollover of swaps maturing in Dec

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Mexican Senate passes regulation on popular election of

judges

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Peru c.bank unexpectedly holds benchmark interest rates

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MSCI Latam stocks, FX indices off 0.1% each

(Updated at 1900 GMT)

By Johann M Cherian

Oct 11 (Reuters) - Most currencies and equities in Latin

America were flat to lower on Friday, with Brazil's real hitting

a one-month low, as investors assessed U.S. data and awaited a

fiscal stimulus announcement from top resources consumer China.

Brazil's real weakened over 0.8% and was set for its

biggest weekly drop in nearly two years, tracking a weekly drop

in iron ore prices, the country's top export.

Worries about fiscal and monetary stability in the country

have also weighed on the currency, making it the worst

performing currency in the region this year.

Separately, services sector activity, a large contributor to

the region's largest economy, unexpectedly fell in August,

interrupting a two-month growth streak that had led the sector

to reach a record high in July.

MSCI's index tracking currencies slipped

0.1% against a steady dollar and was poised for weekly declines,

as commodity exporter economies awaited top consumer China's

fiscal stimulus.

The China's finance ministry is expected to deliver a press

conference on Saturday.

Meanwhile, U.S. data showed producer prices were little

changed in September, causing investors to cement expectations

for a smaller interest rate reduction of 25 basis points by the

Federal Reserve at its November meeting.

Peru's sol was flat after slipping nearly 1% earlier

in the session. The local central bank held the benchmark

interest rate at 5.25% in a surprise move on Thursday.

"We expect that, if current trends in inflation and economic

conditions persist over the next few months, there likely will

be room for further cuts, potentially lowering the policy rate

to 4.75% by year-end," said Andrés Abadía, chief LatAm economist

at Pantheon Macroeconomics.

Bucking the trend, Mexico's peso firmed 0.8% and was

set to end the week flat against the greenback. Senators passed

regulations stipulating how a judicial overhaul that reforms the

country's constitution will be implemented to popularly elect

judges.

Investors sold off the peso earlier this year on uncertainty

over the implications of the judicial overhaul.

Copper producer Chile's peso and oil exporter

Colombia's peso edged up 0.2% and 0.1% respectively.

On the equities front, MSCI's index tracking regional

bourses dipped 0.1% and was set for its biggest

weekly drop since late July.

Brazil's Bovespa lost 0.4%, with consumer staples

stocks among top drags.

Colombia's Colcap added 0.6% and Mexico's main

index slipped 0.1%.

Key Latin American stock indexes and currencies:

Latin American market

prices from Reuters

MSCI Emerging Markets 1159.9 0.25

MSCI LatAm 2192.48 -0.13

Brazil Bovespa 129859.92 -0.38

Mexico IPC 52331.62 -0.11

Chile IPSA 6554.08 -0.38

Argentina Merval 1782989.1 0.624

2

Colombia COLCAP 1318.93 0.67

Brazil real 5.6293 -0.85

Mexico peso 19.2867 0.84

Chile peso 926.48 0.26

Colombia peso 4203.49 0.10

Peru sol 3.7198 Flat

Argentina peso 974.5 0.05

(interbank)

Argentina peso (parallel) 1160 1.29