Castillo’s advance towards the Presidency of Peru shakes the stock market and the dollar – Explica .co

Lima, Jun 7 (.) .- The advance of the leftist Pedro Castillo towards the Presidency of Peru by leading the electoral scrutiny with 95% of the records processed, this Monday collapsed the Lima Stock Exchange by -7.7% and shot the dollar 2% due to the uncertainty it generates in investors and the productive sectors.

The General Index of the Lima Stock Exchange (BVL) fell 7.7% and the Selective Index of the BVL fell 7.8%, after a day in which trading had to be suspended for 20 minutes, when it fell below 7%, and then resumed without achieving a recovery.

In turn, the dollar exchange rate registered a 2% rise and closed with a price of 3,938 soles, after having reached a ceiling of 4 soles before noon, when Castillo of the Peru Libre party, surpassed in the calculation right-wing voting officer Keiko Fujimori, from Fuerza Popular.

“We have had a fairly volatile session, with strong selling pressure on practically all the…

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