# As Some Fret on Stimulus, Peru Goes All In and Gets Rewarded

> Bloomberg reported that Peru's stimulus package equals about 12% of GDP, the largest in the Americas, and that investors have approved of it. The sol has posted the largest emerging-market currency gain since the March 29 announcement. Peru's bond spreads remain the lowest in Latin America.

- Date: 2020-04-07 · published 2020-04-07T12:00:00.000Z
- Category: policy · region Peru · magnitude low
- Page: https://feedsoft.ai/events/53921-as-some-fret-on-stimulus-peru-goes-all-in-and-gets-rewarded
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

Investor support for Peru's spending has strengthened the sol, which lowers the local cost of imported feed ingredients. The effect on global feed prices is minimal.

## Read by commodity

- USDPEN: bearish ▼

## Sources

- amigosdeboliviayperu.org: http://amigosdeboliviayperu.org/NewsStories2020/P594AsSomeFretOnStimulus.html

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