Loading…
Peru's sol fell 0.5% to 3.9581 per dollar, nearing its record low, after dropping 1.4% the previous day, as Pedro Castillo was confirmed as president. Latin American currencies broadly slipped amid fears that Delta-variant COVID cases would slow the global economic recovery.
Regional currency weakness and risk-off sentiment raise dollar-denominated import costs for Latin American feed buyers, though the grain price impact is modest.
financialpost.comReutersJul 20, 2021Not 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.
