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Peru's Castillo signals central bank stability if election win confirmed

By Marco Aquino LIMA (Reuters) - Peru's socialist presidential candidate Pedro Castillo said on Saturday he wanted to keep on the head of the central bank Julio Velarde if he was...
Peru's Castillo signals central bank stability if election win confirmed © Reuters. FILE PHOTO: Peru's presidential candidate Pedro Castillo addresses supporters from the headquarters of the "Free Peru" party in Lima, Peru, June 15, 2021. REUTERS/Sebastian Castaneda/File Photo

By Marco Aquino

LIMA (Reuters) - Peru's socialist presidential candidate Pedro Castillo said on Saturday he wanted to keep on the head of the central bank Julio Velarde if he was confirmed the winner of a June 6 election as expected, an important signal of stability for markets.

In a speech to supporters he said he hoped that Velarde's work would remain "permanent" to help give "peace of mind economically" and open the door for investment in the world's no. 2 copper producer.

Castillo, a wild card candidate, has rattled Peru's political establishment, markets and mining firms with plans to redraft the constitution and redistribute mining wealth, though has looked to soften his rhetoric in recent weeks.

"Our commitment is to maintain a fiscal balance and improve the quality of public spending, promote investments and respect the independence and autonomy of the BCRP (central bank)," he said in a post on Twitter shortly after his speech.

"Given this we are keen to ratify Dr. Julio Velarde as president of this important institution."

Castillo holds a slim 44,000-vote lead over right-wing rival Keiko Fujimori with all ballots counted, but the official result has been held up with Fujimori seeking to disqualify votes in favor of the leftist and claiming fraud with little evidence.

Castillo's Free Peru party has denied the allegations of fraud while international election observers have said the vote was carried out cleanly. The U.S. State Department described the election as fair and a "model of democracy."

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01-05-2024 10:45:17 (UTC+7)

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EUR/USD

1.0658

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USD/JPY

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AUD/USD

0.6469

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USD/CAD

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IBEX 35

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Allianz SE VNA O.N.

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Adidas AG

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Deutsche Lufthansa AG

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Siemens AG Class N

175.90

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
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Cập nhật lúc 10:45:15 01/05/2024
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