EMERGING MARKETS-Chilean peso weakens with copper prices, stronger dollar

    * Erdogan says he will keep battling interest rates, lira
    * Chile's peso leads declines among Latin American
    * Brazil government cuts GDP forecasts, raises inflation

    By Shreyashi Sanyal
    Nov 17 (Reuters) - The Chilean peso weakened on Wednesday as
a dollar rally slammed prices of copper after solid retail sales
data from the United States spurred bets of a
sooner-than-expected interest rate hike there.  
    The MSCI's broader EM index struggled for
direction as the dollar continued to strengthen.
    A 1% fall in Chile's peso led losses among Latin
American currencies, dropping for the second straight session
after prices for its No.1 export, copper, fell.
    In political news, Chile's Senate voted against removing
President Sebastian Pinera from office on Tuesday, ending an
impeachment process that had successfully passed a lower house
vote last week over alleged irregularities in the sale of a

Read more…