Peru's central bank expects the country's inflation rate to be higher in July versus June, which saw a contraction in prices, the head of the bank's economic studies unit said during a presentation on Friday, citing seasonal variation.
Emerging market stocks rallied on Thursday with the dollar taking a hit on growing bets of an imminent end to the U.S. rate-hiking cycle, while Pakistan dollar bonds jumped after the International Monetary Fund cleared a $3 billion bailout.