# Peru's sol plunges to historic low as socialist candidate Castillo strengthens lead | Law-Order

> Peru's sol fell 0.92% at the open on April 26 to a new historic low of about 3.82 per dollar. The move followed weekend polls showing a growing lead for socialist candidate Pedro Castillo.

- Date: 2021-04-26 · published 2021-04-26T12:00:00.000Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/47875-peru-s-sol-plunges-to-historic-low-as-socialist-candidate-castillo-strengthens
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md), [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

A weaker sol raises the local cost of imported feed ingredients and reflects continued political risk ahead of the June runoff. Fishmeal and other Peruvian export pricing can shift with the currency.

## Read by commodity

- USDPEN: bullish ▲
- FISHMEAL: neutral

## Sources

- devdiscourse.com: https://www.devdiscourse.com/article/law-order/1549975-perus-sol-plunges-to-historic-low-as-socialist-candidate-castillo-strengthens-lead

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