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The US dollar strengthened 1.45% against the Peruvian sol to 3.4395 on September 28, adding to a 0.7% weekly gain. The move reflects broad dollar strength against Latin American currencies during the period. Peru's sol is often influenced by copper prices, as copper is the country's top export, and by domestic political developments.
Sep 28, 17:51 UTC AlternativeMarkets.AI Newsroom · Data: Financial Modeling PrepThe US dollar appreciated 0.85% against the Peruvian sol on September 24, reaching 3.4042, with a modest weekly gain of 0.38%. The sol's relative stability compared with other Latin American currencies reflects Peru's solid foreign-exchange reserves and commodity export revenues. Currency movements affect the cost of imported goods and the competitiveness of Peru's mining and agricultural exports.
Sep 24, 17:51 UTC AlternativeMarkets.AI Newsroom · Data: Financial Modeling Prep