Peruvian stock index and sol fell as left‑wing congressman Roberto Sanchez’s support rose in the ongoing presidential count.
Sanchez proposes a new constitution and greater state control over resources, unsettling investors in Peru’s economy and growth.
Analysts say a conservative‑dominated Congress would limit major policy shifts, even if Sanchez wins the presidency in the near term.
A June runoff appears likely, adding political uncertainty that could affect market sentiment and currency movements in the region.