# Peru's sol star Latam performer this week, Chile's peso drops - Markets - Business Recorder

> Peru's sol rose more than 4% over the week, its best in over 30 years, after President Castillo named more moderate cabinet officials. Chile's peso slumped to a 15-month low on political uncertainty tied to impeachment proceedings against President Pinera. Brazil's real gained after the central bank said inflation would likely peak this month.

- Date: 2021-10-15 · published 2021-10-15T12:00:00.000Z
- Category: macro · region Latin America · magnitude low
- Page: https://feedsoft.ai/events/44842-peru-s-sol-star-latam-performer-this-week-chile-s-peso-drops-markets-business
- Commodities: [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Currency moves in Latin American exporters affect farm export competitiveness and local commodity pricing, but the link to feed ingredient prices is indirect.

## Read by commodity

- USDBRL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDBRL | 2021-09-27 | [Brazil's real outperforms Latam peers - Markets - Business Recorder](https://feedsoft.ai/events/45286-brazil-s-real-outperforms-latam-peers-markets-business-recorder.md) | +0.5% | +4.9% |
| USDBRL | 2021-08-23 | [Rebound in commodity prices, weaker dollar lift Latam currencies - Markets - Business Recorder](https://feedsoft.ai/events/45760-rebound-in-commodity-prices-weaker-dollar-lift-latam-currencies-markets.md) | -3.8% | -1.3% |
| USDBRL | 2021-03-19 | [Latam FX firm; Pemex move puts Mexico's credit rating in focus - Markets - Business Recorder](https://feedsoft.ai/events/48328-latam-fx-firm-pemex-move-puts-mexico-s-credit-rating-in-focus-markets-business.md) | +1.8% | +1.3% |
| USDBRL | 2021-01-20 | [Brazil's real rises ahead of c.bank meeting, rest of Latam trails - Markets - Business Recorder](https://feedsoft.ai/events/49388-brazil-s-real-rises-ahead-of-c-bank-meeting-rest-of-latam-trails-markets.md) | +1.5% | +2.0% |
| USDBRL | 2021-08-27 | [Latam FX range bound on caution ahead of Powell speech - Markets - Business Recorder](https://feedsoft.ai/events/45832-latam-fx-range-bound-on-caution-ahead-of-powell-speech-markets-business-recorder.md) | -1.5% | +1.9% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40127052

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