Flash Report /
Peru

Peru: President Castillo survives impeachment attempt, for now

  • Congress last night rejected a motion that would have started impeachment proceedings against Peru's President

  • Castillo faces declining popularity, scandals and policy missteps; he blames political elite's campaign against him

  • While a reprieve for now, uncertainty will continue, weighing on bonds and equities despite stronger copper prices

Peru: President Castillo survives impeachment attempt, for now
Stuart Culverhouse
Stuart Culverhouse

Head of Sovereign & Fixed Income Research

Hasnain Malik
Hasnain Malik

Strategy & Head of Equity Research

Tellimer Research
8 December 2021
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