# SAE | Servicio de Asesoría Empresarial

> 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.

- Date: 2020-01-30 · published 2020-01-30T12:00:00.000Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/55381-sae-servicio-de-asesoria-empresarial
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

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.

## Read by commodity

- USDPEN: neutral

## Sources

- sae-apoyoconsultoria.com: https://www.sae-apoyoconsultoria.com/noticia/sol-una-moneda-estable/?lang=en

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