# Peru´s sol plunges to historic low as uncertainty grows ahead of election | Financial Post

> 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.

- Date: 2021-05-25 · published 2021-05-25T12:00:00.000Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/47371-peru-s-sol-plunges-to-historic-low-as-uncertainty-grows-ahead-of-election
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

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.

## Read by commodity

- USDPEN: bullish ▲

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/perus-sol-plunges-to-historic-low-as-uncertainty-grows-ahead-of-election

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