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* The Brazilian public sector debt reaches 86.5% of GDP * The Colombian peso ends its winning streak over 4 days * Chile’s inventory index declines as production activity decreases * It is expected that the Latin American currency index rejoices in the highest drop per month since March By Sagarika Jaisinghani Aug 31 (Reuters) – The Brazilian dollar fell on Monday as knowledge showed the country’s finances deteriorated further due to the COVID-19 pandemic , while the Colombian peso fell after its gains to a fourth direct query before an expected drop in interest rates. The genuine fell 1.7% against a weaker dollar as the fitness crisis pushed Brazil’s public sector debt to a record 86.5% of gross domestic product in July, while its number one deficit , excluding interest payments, was 81.1 billion reais ($ 15 billion). . The currency has plunged about 26% to record levels this year as the pandemic hit the expansion of Latin America’s largest economy. On Friday, the Brazilian Treasury raised the public debt ceiling for 2020 to take account of increased emergency funds to combat the fitness crisis. A Latin American currency index fell 0.4% on the day and was on track for its biggest monthly percentage drop since March, when the onset of the pandemic triggered an asset flight dicy. The index also underperformed its global counterpart, which is heading for its fifth consecutive monthly increase amid a competitive global recovery and hopes for a post-pandemic economic rebound. The Colombian peso gained about 0.2% against the dollar, emerging for the fourth consecutive consultation of a central bank assembly where interest rates are scheduled to cut an additional 25 basis points. “Weaker-than-expected expansion (and) low inflation still leaves room for the central bank to lower the key rate once again,” said Juan Maldonado, director of Latin America economics at Credit SuisseArray. “However, that could be the end of the cycle, at least for now. As the economy continues to reopen, the signs of activity deserve to pick up and the weak momentum in monthly inflation could end.” In Argentina, the peso fell as investors waited for the effects of the government debt deal later in the day, with the highest expectation that the finisher got massive help from creditors. A strong agreement is imperative for the primary grain manufacturer to emerge from default and revive an economy that is in its third year of recession. The Chilean peso strengthened by around 0.5%, however, the inventory index fell 1.8% to its lowest point in just 3 months, and the knowledge production activity fell to 7Array 2% in July, under the effect of a drop in food production. A 1.8% drop in the Mexican inventory index also affected a basket of Latin American inventories, setting it up for its first monthly decline in five. The Mexican peso lost 0.7%. Main stock indices and currencies of Latin America: stock market indices Last daily reset in% MSCI Emerging markets 1,102.75 -1.68 MSCI LatAm 1961.00 -1.83 Brazil Bovespa hundred 602.60 -1.51 Mexico IPC 37 126.71 -1.77 Chile SPIPSA 3,804.64 -1.78 Argentina MerVal 46,619.19 0.48 Colombia Colcap 1,215.11 -0.91 Last daily replacement in% Brazilian genuine 5.4850 -1.32 Mexican peso 21.9140 – 0.74 Chilean peso 775.7 0.35 Colombian peso 3 734.45 0.26 Peruvian sol 3.5447 -0.34 Argentine peso (interbank) 74.1700 -0.23 (Report through Sagarika Jaisinghani in Bengaluru; Edited via David Gregorio)