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Peru's sol traded steady around 3.32 per dollar in the first three weeks of January 2020, stronger than November 2019's 3.39. Calm was attributed to signs of global growth stabilizing after central bank rate cuts and the US-China Phase 1 trade deal, though the article flags the coronavirus as a new risk to growth.
A firmer sol and improved risk appetite support Peruvian import purchasing power and capital inflows, while coronavirus-driven risk-off moves could reverse these and weigh on emerging-market currencies and industrial metals demand.
sae-apoyoconsultoria.comJan 30, 2020Not 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.
