
Peru's central bank held its benchmark rate at 4.25%, near a four-year low, on Thursday, as all 14 analysts surveyed by Bloomberg had expected. Inflation is accelerating toward the midpoint of the target range while the sol hovers near a six-year high against the dollar.
A firmer sol against the dollar makes Peruvian fishmeal and other dollar-priced exports costlier for foreign buyers, which can weigh on fishmeal prices, while the steady policy stance offers little direct feed-price impact.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.