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Peruvian presidential front-runner Pedro Castillo pledged on April 22 not to nationalize companies and to respect the rule of law, after a Datum poll showed him at 41% versus 26% for Keiko Fujimori. The sol hit a historic low before recovering slightly, and the Lima stock exchange fell 2.2%.
Investor fears over a Castillo government keep the sol under pressure and raise Peru's risk premium. Mining and fishing sectors, important to Peruvian fishmeal supply, face policy uncertainty.
financialpost.comReutersApr 22, 2021Not enough comparable past events yet for a historical read.
Not 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.
