EMERGING MARKETS-Chile's peso rallies for third straight day, outperforms Latam peers
* Colombian senate committee rejects Petro govt health reform * Might be better to slow down rate cuts: Brazil cenbank director * Peru's Congress backs new cabinet * Latam stocks up 1.9%, FX adds 0.9% By Bansari Mayur Kamdar April 4 (Reuters) - The Chilean peso rose over 1% on Thursday, extending its sharp rally so far this week, as the U.S. dollar weakened and prices of copper, its biggest export, hit a 14-month peak. "We think that the period of CLP weakness — driven by aggressive rate cuts — is over, and that USD/CLP could get back down to 880 at year-end," said Thierry Wizman, global FX & rates strategist at Macquarie, in a note. No. 2 copper producer Peru's sol climbed 1% against the dollar.