* Colombia's congress approves biggest ever budget for 2021 * Latam recovery in doubt on fiscal woes, confidence shaky - poll * U.S., Brazil aim to double bilateral trade in 5 years * Sao Paulo stocks jump 2% as banks surge on recovery hopes (Updates prices throughout) By Shreyashi Sanyal Oct 20 (Reuters) - Colombia's peso rose the most among Latin American currencies on Tuesday after the country approved its largest ever budget for next year, while Brazil's Bovespa stock index led gains in the region. The peso rose 0.5% against a weaker dollar after the final approval to a 314 trillion peso ($81.7 billion) budget for next year by the country's congress, which is 8.3% higher than this year's. Brazil's real was flat, giving back gains made earlier in the day after U.S. ambassador to Brazil, Todd Chapman, said the U.S. and Brazil aim to double bilateral trade in the next five years from around $100 billion currently.
* U.S., Brazil aim to double bilateral trade in 5 years * Brazilian real rises for second straight day * Latam recovery in doubt on fiscal woes, confidence shaky - poll * Colombia's congress approves largest ever budget for 2021 By Shreyashi Sanyal Oct 20 (Reuters) - Latin American currencies rose against a weaker dollar on Tuesday, with Brazil's real leading gains after another encouraging update on its bilateral trade agreement with the United States. The Brazilian currency extended gains for a second day, rising 0.4% after U.S. ambassador to Brazil, Todd Chapman, said the U.S. and Brazil aim to double bilateral trade in the next five years from around $100 billion currently.
* Brazilian real breaks four-day losing streak * Brazil GDP to shrink 4% this year -officials * China's economic recovery quickens as consumption returns * Bolivia's socialists seal comeback win after tumultuous year (Updates prices throughout, adds bullets) By Shreyashi Sanyal Oct 19 (Reuters) - The Brazilian real firmed on Monday after the United States and Brazil agreed on steps to facilitate trade and investment in Latin America's biggest economy, while other currencies in the region were lifted by encouraging data from China. The real gained 0.6%, to rise for the first in five days after Brazilian President Jair Bolsonaro announced, at a virtual summit organized by the U.S. Chamber of Commerce, the three agreements to ensure good business practices and to stop corruption.