The Peruvian sol declined the most in two years and shares fell as the nation’s presidential race tightened before the April 10 first-round election.
Peru’s currency weakened 1.1 percent to 3.347 per dollar, posting the biggest decline since August 2013, after a new poll showed Veronika Mendoza in a statistical tie for second-place with Pedro Pablo Kuczynski. The sol strengthened 6.4 percent in March, the first increase in 22 months. The country’s benchmark stock index, the world’s top performer this year, fell 1 percent as of 3:10 p.m. in New York.
