(Corrects to say "Tuesday" in first paragraph) By Susan Mathew Nov 16 (Reuters) - Most Latin American currencies fell against a strong dollar on Tuesday, with Chile"s peso sinking more than 1% ahead of weekend elections and on sliding copper prices, while Peru"s sol extended gains made on growth exceeding central bank targets. Top copper exporter Chile"s currency fell 1.3% to lead losses among regional peers. Eyes are also on weekend presidential elections in the country with far-right front-runner Jose Antonio Kast making a rapid surge in opinion polls. The most likely outcome is a split vote with main rival Gabriel Boric, leading to run-off in December. Peru"s sol rose 0.2%, extending gains after data showed the economy grew 9.71% year-on-year in September, slightly above a recent central bank projection, but its slowest pace of expansion since March as it recovers from the COVID-19 pandemic. "If output levels were to remain at the September level in the balance of the year, then real GDP would expand 13.8% in 2021, higher than the 11.9% median growth expectation as per the latest central bank survey," said Credit Suisse analyst Alberto Rojas, revising 2021 real GDP growth forecast to 13.4% from a previous expectation of 12.0%. Most other emerging market currencies intensified losses as the dollar renewed 16-month highs bolstered by better-than-expected U.S. retail sales data strengthening the case for faster monetary policy tightening. MSCI"s index of EM currencies was set for its worst session in seven weeks, with Turkey"s lira hitting new lows of 10.249 per dollar, while tensions with the West over Ukraine and Belarus saw Russia"s rouble sink more than 1% to two-month lows. Sentiment had been upbeat earlier in the day after a positive start in talks between the United States and China had raised hopes of easing tensions and possibly reducing tariffs. Brazil"s real gave up early gains to trade 0.4% lower on returning from a day"s holiday. Data on Tuesday showed surging inflation and higher interest rates had started to choke economic activity in Brazil. The IBC-Br economic activity index, a leading indicator of gross domestic product, fell by 0.27% in September from the previous month. Latam stocks fell, underperforming a broader index of EM shares. Chile"s benchmark index slumped 0.8%, extending losses to a third straight session. Key Latin American stock indexes and currencies at 1432 GMT: Stock indexes Latest Daily % change MSCI Emerging Markets 1291.40 0.36 MSCI LatAm 2155.34 -0.97 Brazil Bovespa 105430.97 -0.85 Mexico IPC - - Chile IPSA 4345.94 -0.83 Argentina MerVal 92724.04 -0.296 Colombia COLCAP 1353.48 -0.22 Currencies Latest Daily % change Brazil real 5.4780 -0.40 Mexico peso 20.7330 -0.63 Chile peso 807.2 -1.05 Colombia peso 3909.53 -0.70 Peru sol 3.9881 -0.16 Argentina peso 100.3200 -0.03 (interbank) (Reporting by Susan Mathew in Bengaluru; Editing by Nick Macfie)