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Joining several other Latin American nations in the fight against rapidly increasing inflation, Peru's central bank raised it benchmark lending rate by 25 basis...to 4%...as consumer prices rose by 0.7% in March, the steepest increase since June 2008.
Bond yields continued to rise ahead of tomorrow's first-round presidential vote...where polls show former renegade leftist army Colonel Ollanta Humala (pictured) with a surprizing lead.
