Peru's currency, the sol, has plunged the most in a year as a new poll reveals that leftist Ollanta Humala has surged into first place...just two weeks before the presidential election.
Humala, a nationalist and strong ally of Hugo Chavez, garnered 21% support in a new Ipsos poll...up from just 17% a week earlier.
His rise has led the sol to slump 1.6% in two weeks, the worst emerging-market currency performance tracked by Bloomberg.
The market has also been dumping Peru's bonds recently because of Humala's meteroic rise.