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The Peruvian sol strengthened more than 1% against the US dollar on Wednesday, reaching its best level since November 2020. The move was reported at the close of trading.
A stronger sol makes Peruvian fishmeal more expensive for dollar-based buyers, which can support fishmeal prices. The currency move is a market-level development with limited direct effect on feed grain prices.
finance.yahoo.comReutersJul 12, 2023Not 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.
