# Peru's economy stable despite recent social unrest, minister says | National Post

> Peru's Economy Minister Alex Contreras said the economy remains strong despite weeks of protests that have left dozens dead after the ouster of former President Pedro Castillo. He forecast growth of up to 3% in the first quarter and said the sol is the most stable currency in the region. Separately, a Brazilian steel association said a common Brazil-Argentina currency would be impossible without greater stability in Argentina.

- Date: 2023-01-24 · published 2023-01-24T12:00:00.000Z
- Category: geopolitics · region Peru · magnitude low
- Page: https://feedsoft.ai/events/38071-peru-s-economy-stable-despite-recent-social-unrest-minister-says-national-post
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

Peru's political unrest mainly affects tourism and sentiment rather than agricultural output or trade. Feed buyers have little price exposure from this story.

## Sources

- nationalpost.com: https://nationalpost.com/pmn/news-pmn/perus-economy-stable-despite-recent-social-unrest-minister-says

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