# [Mac Margolis] President’s narrow survival is good news for Peru - The Korea Herald

> Peruvian President Pedro Pablo Kuczynski narrowly survived an impeachment vote in congress on Thursday, about a week after being accused of lying about taking money from a tainted contractor. Analysts say Peru's economy has been among the region's best performers, and the sol strengthened through the political turmoil.

- Date: 2017-12-27 · published 2017-12-27T12:00:00.000Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/67754-mac-margolis-president-s-narrow-survival-is-good-news-for-peru-the-korea-herald
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md), [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Political stability supports investment in Peru's economy, which matters for fishmeal output and the sol's strength, though ongoing graft probes could slow public construction projects.

## Read by commodity

- USDPEN: bearish ▼
- FISHMEAL: neutral

## Sources

- koreaherald.com: https://www.koreaherald.com/article/1543267

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