# Peru's foreign minister resigns in setback for new leader Castillo | Reuters

> Peru's foreign minister resigned, creating a setback for new President Castillo. The sol had fallen to record lows against the dollar during the administration's first weeks.

- Date: 2021-08-17 · published 2021-08-17T12:00:00.000Z
- Category: geopolitics · region Peru · magnitude low
- Page: https://feedsoft.ai/events/45827-peru-s-foreign-minister-resigns-in-setback-for-new-leader-castillo-reuters
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

Political instability in Peru can weigh on the sol and on investor sentiment, which matters for fishmeal exporters. The direct effect on feed ingredient prices is limited.

## Read by commodity

- USDPEN: neutral

## Sources

- reuters.com: https://www.reuters.com/world/americas/perus-foreign-minister-resigns-setback-new-leader-castillo-2021-08-17/

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