EMERGING MARKETS-Mexican peso outperforms on c.bank hike; Latam stocks slide as Wall St wobbles

By Susan Mathew June 23 (Reuters) – Latin American stocks fell sharply on Thursday as a Wall Street rally lost steam on heightening recession worries, while Mexico’s peso rose after the central bank hiked the key interest rate by a record 75 basis points as signaled more. The Mexican peso, which was flat just moments before the decision, rose 0.3% to 19.98, as it followed data that showed inflation in the country rose by more than expected in early June. The peso outperformed Latin American…

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