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Peru s Sol Tumbles as Presidential Vote Shows Divided Nation

Peru’s Sol Tumbles as Presidential Vote Shows Divided Nation Bloomberg 2 hrs ago Jim Wyss (Bloomberg) Peru’s sol led losses among emerging-market currencies as initial results from Sunday’s presidential election laid bare a politically fragmented nation, with no candidate getting anywhere close to the 50% threshold needed to win outright. Pedro Castillo, a community organizer whose party praises Cuba’s former leader Fidel Castro, was unexpectedly leading the race with 16.5%, with 62% of ballots tallied. Just a week ago, polls showed him in sixth place. Former central banker Hernando de Soto was second with 13.3%, while Keiko Fujimori, an ex-legislator currently on bail, had 13%.

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