by Amruth Sundarkumar | Aug 2, 2021 | Sovereign Bonds
Peru’s newly elected President Pedro Castillo appointed Pedro Francke, a moderate left economist, as finance minister on Friday, hoping to relieve markets. Castillo had earlier named members of his Marxist Free Peru party to cabinet positions with Guido Bellido named...
by Amruth Sundarkumar | Jul 30, 2021 | Sovereign Bonds
Peru’s dollar bonds slid as President Pedro Castillo announced plans of a new constitution and a crackdown on monopolies in the financial and utility sector. Castillo won the election last month after which his market-friendly economic advisors relieved investors who...
by bondevalue | Apr 20, 2021 | Sovereign Bonds
Peru’s currency and bonds fell after leftist presidential candidate Pedro Castillo is reported as the clear favorite in an opinion poll ahead of June’s presidential elections. Peru’s Sol slid 1.14% to close at 3.6730 per dollar, the largest daily loss since November....
