# Peru's sol lifts Latam currencies as investors await U.S. inflation data | Financial Post

> Latin American currencies edged higher as investors awaited U.S. consumer price data. Peru's sol led the gains, rising 0.9% to its strongest level in over six months after Congress approved a confidence vote supporting the new government. Protests that have killed around 40 people continue, and prosecutors have opened an inquiry into President Boluarte and her Cabinet.

- Date: 2023-01-11 · published 2023-01-11T12:00:00.000Z
- Category: geopolitics · region Peru · magnitude low
- Page: https://feedsoft.ai/events/38069-peru-s-sol-lifts-latam-currencies-as-investors-await-u-s-inflation-data
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

Political instability in Peru is a risk to its economy and export flows, but the currency move itself has no direct effect on feed grain or protein prices. Buyers can treat this as background.

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/perus-sol-lifts-latam-currencies-as-investors-await-u-s-inflation-data

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