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Peru's central bank left its policy rate unchanged at its February meeting. Capital Economics still expects one more rate cut.
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A rate cut would tend to weaken the sol against the dollar, which can make Peruvian export commodities such as fishmeal cheaper in dollar terms. The effect on feed prices is modest.
capitaleconomics.comCapital Economics EconomistFeb 9, 2018Not 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.
