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Peru inflation at 4.17%, El Niño pressures, rate hike expected
La RepúblicaLO·PE·about 20 hours ago
Peru's government has withdrawn Alejandro Granda's candidacy for the Central Reserve Bank (BCRP) following allegations of inappropriate touching. The withdrawal marks a reversal from previous support by Alfonso López-Chau, who had defended Granda days earlier. This development affects the central bank's leadership selection process and raises governance concerns.