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Peru inflation at 4.17%, El Niño pressures, rate hike expected
La RepúblicaLO·PE·2 days 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Peru's government has withdrawn Alejandro Granda's candidacy for the Central Reserve Bank (BCRP) following allegations of inappropriate touching.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.