# Most Latam FX edge higher; Peru's sol dented by protests

> Most Latin American currencies edged higher on Wednesday while Peru's sol slipped 0.2%, its third straight decline. Thousands of people began protesting in Lima demanding the resignation of President Dina Boluarte, and security was reinforced in the capital.

- Date: 2023-07-19 · published 2023-07-19T12:00:00.000Z
- Category: geopolitics · region Peru · magnitude low
- Page: https://feedsoft.ai/events/35327-most-latam-fx-edge-higher-peru-s-sol-dented-by-protests
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md), [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Political unrest adds risk premium to Peruvian assets and weighs on the sol, with lower copper prices adding pressure. For feed buyers the direct grain impact is small, though a weaker sol can affect Peruvian fishmeal export pricing.

## Read by commodity

- USDPEN: bullish ▲
- FISHMEAL: neutral

## Sources

- reuters.com: https://www.reuters.com/article/emerging-markets-latam/emerging-markets-most-latam-fx-edge-higher-perus-sol-dented-by-protests-idINL1N3952HS/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.