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Peru's sol fell 0.87% to 3.840/3.845 per dollar on Tuesday, a historic low. The move followed recent polls showing socialist front-runner Pedro Castillo with a growing lead over conservative Keiko Fujimori ahead of the presidential vote.
Political risk in Peru, a major copper producer, is weighing on the sol and could deter investment. For feed buyers the link to grain and meal prices is indirect, so the impact is limited to currency-driven import costs.
financialpost.comReutersMay 25, 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.
