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Pedro Castillo’s left-back appeared ready for victory Peru ‘The decision to cut the nail on Monday and outlined his economic ideas in a way that was designed to stabilize the financial markets.
With 96% of the votes counted, Castillo had 50.3% to 49.7% of Keiko Fujimori, her rival – a margin of 93,000 votes from the 24.3m candidate. Earlier Monday, Fujimori had voted nearly 100,000 votes.
Most of the rest should come from the countryside, where Castillo is the strongest, and even votes from Peruvians living abroad can be favored. Fujimori it seems like it might not be enough to put the rest behind it.
In private, some Fujimori allies in Lima admitted defeat, although they gave a press conference on Monday about electoral fraud, suggesting they could be ready to fight if Castillo’s victory was confirmed.
Sol, which has fallen sharply in recent weeks in anticipation of Castillo’s victory, lost more than 2% against the dollar to sell regularly 3.93.
Peruvian stocks declined, with the S&P / BVL Peru General index about 7% lower daily in New York. Dollar agencies have also been forced. The price of a mature transcript in 2050 dropped by about 2% to 129 cents per dollar. Another dollar that matured in 2031 fell by more than 1% to 99 cents per dollar.
“We anticipate the instability of the Peruvian economy and we see that protests against the results from both sides are likely to be given to the competition,” Citibank said.
In an attempt to curb the markets, Castillo’s party issued a statement outlining its economic plans. It was much smaller than its party group, Peru Libre.
“We have never considered property, confiscation, money laundering, money laundering, price adjustments or restrictions on our financial system,” he said.
Castillo’s party said it would “honor the independence of the central bank, which has done a great job [of] maintaining the economic downturn for more than two decades “.
It also confirmed that President Castillo wanted to raise taxes on mining companies to pay for education and education.
Elections have been a special challenge among rivals from both political parties.
Castillo and a rural education teacher turned to the left of the oppressed cross, while Fujimori is the most unpopular daughter of former Peruvian president Alberto Fujimori.
The hope of Castillo’s victory has begun fear and great flight among the Peruvian elite. Sol has also changed against the dollar more than any other currency in the world since the first round of voting in April, when Castillo discovered the first. The dollar-sol index jumped by about 20% in the past month.
In his remarks, Free Peru encouraged the establishment of international, higher taxes, new regulations and a ban on the export of one of the world’s leading producers of copper, zinc and gemstones. Fujimori, on the other hand, is particularly protective of the Peruvian economy.
Castillo has awakened people in poor, neglected villages in the Andes with a simple but powerful message: “There will be no more poor people in a rich country.” Fujimori’s bid to become the first president of Peru, meanwhile, has been hampered by bribery denies.
Whoever wins will not have a majority in congress. Castillo has 37 of the 130 seats in the Peruvian parliament, with only 24 seats in Fujimori.
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