November 15, 2021

Peru’s cenbank chief Velarde appears amenable to staying in role -economy ministry

LIMA, Aug 2 (Reuters) – Peruvian central bank president Julio Velarde appears amenable to a proposal to stay in his role during the administration of leftist Pedro Castillo, the country’s economy ministry said on Monday, although no decision has been announced yet.

Velarde is a highly respected central banker who has helped make Peru one of Latin America’s most stable economies. Castillo has been in power for less than a week, but has rattled markets and investors by appointing a far-left prime minister. (Reporting by Marco Aquino; Editing by Sandra Maler)

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