* Banxico holds rates in split decision * LatAm stocks, currencies near March highs * Chilean peso jumps as copper prices nears 8-year high (Adds comment, details; updates prices) By Medha Singh Dec 17 (Reuters) - The Mexican peso climbed on Thursday after the central bank kept its benchmark interest rate on hold in a split decision, with other currencies and stocks in the region supported by increased risk appetite on optimism over fresh U.S. stimulus. The peso firmed 0.5% higher at 19.7809 per dollar as Bank of Mexico said the rates "pause" provides the necessary room to confirm that the trajectory of inflation converges to the target.
* LatAm stocks, currencies near March highs * Chilean peso jumps as copper prices nears 8-year high * Mexican and Colombian peso supported by higher oil prices By Shashank Nayar Dec 17 (Reuters) - Latin American stocks and currencies rose on Thursday as talks of fresh U.S. stimulus aided demand for riskier assets while the Chilean peso jumped to a 14-month high as prices for the country's main export copper surged. The peso gained 1.5% to 723 per dollar, its strongest level since October 2019 as copper prices inched toward their highest in nearly eight years on falling stockpiles. MSCIs index of Latin American currencies and stocks gained nearly 1%, hovering near their early March highs as the dollar tumbled to its lowest in over two years.
* Mexico's lawmakers postpone disputed central bank bill - report * U.S. stimulus hopes weaken U.S. dollar * Brazil's V-shaped recovery to lose steam -central bank (Adds comment, details, updates prices) By Medha Singh Dec 15 (Reuters) - Mexico's peso broke a key 20 per dollar barrier on Tuesday after a report lawmakers had agreed to delay debating a divisive new law that critics say would force Mexico's central bank to absorb money from drug gangs. Ratings agency Moody's warned the proposed law would be credit negative for the sovereign as it would undermine Banxico's autonomy and increase the risks of money laundering. The peso pulled back from a recent nine-month high as Mexico's Senate last week backed the law, drawing a stern rebuke from Banxico, business groups and economists.