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Peruvian markets absorbed the political drama on the day Congress ousted President Pedro Castillo after he tried to dissolve the legislature. The sol and dollar bonds recovered early losses, and the stock market ended higher after initially falling sharply.
Peru's political stability affects its fishmeal output and currency, which influence fishmeal pricing for feed buyers. Markets recovering quickly suggests limited near-term disruption to fishmeal supply.
forex.caDec 7, 2022Not 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.
