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Peru's sol dropped 0.85 percent on Monday to close around 3.435-3.440 per dollar, its weakest level in more than eight months. The move came as the dollar surged on expectations of higher US inflation after the presidential election.
A weaker sol raises the local-currency cost of Peruvian fishmeal exports and can affect Peruvian feed input pricing, while a stronger dollar tends to weigh on dollar-priced feed commodities.
reuters.comNov 14, 2016Not 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.
