# Peru’s Sol Hits 10-Week High as Leftist President Leans Center - Bloomberg

> Peru's sol rallied 1.38% on Wednesday, the best performer among 24 emerging-market currencies tracked by Bloomberg. It strengthened past 4 per dollar to 3.9790, its highest since July 27. The move follows President Pedro Castillo's shift toward a more moderate stance.

- Date: 2021-10-13 · published 2021-10-13T12:00:00.000Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/44841-peru-s-sol-hits-10-week-high-as-leftist-president-leans-center-bloomberg
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

A stronger sol reflects easing political risk for Peru, a major copper, zinc and gold exporter, with little direct effect on feed grain or meal prices.

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2021-10-13/peru-s-sol-hits-10-week-high-as-leftist-president-leans-center

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