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Close Photo of former Peruvian president Martín Vizcarra. // Photo courtesy of Galería del Ministerio de Relaciones Exteriores/Wikimedia Commons. The vacancy of the president Martin Vizcarra: An attack on the Peruvian people From Monday, Nov. 9, 2020 to Tuesday, Nov. 10, 2020, the American dollar rose to S / 3.62 (Peruvian Soles), the highest level reached in eighteen years. This sudden increase in the exchange rate is rooted in the political crisis that developed in Peru. On Nov. 9, 2020, President Martin Vizcarra was removed from office. This act, led by Congress, has had dire consequences for Peru’s position in the international arena. As the economist Alfredo Thorne specifies, radical political changes, “Are a sign of mistrust and uncertainty. If doubts are not cleared, if there is no confidence about how they will manage this transition, the markets will become adverse to Peru, and interest rates of any indebtedness will go to go up.”

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