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BBVA Research says Peru has entered another period of severe political instability after a new presidential change. Financial variables stayed stable and the sol appreciated in the days after.
Medium-term uncertainty is expected to hurt investment, consumption, credit conditions and growth.
Medium-term instability could slow Peruvian output and investment, which matters for fishmeal supply. The sol's firmness limits near-term currency-driven cost changes for importers.
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.