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Thursday, April 26

iWon / Reuters Peru currency faces choppy ride amid regional woes: "Also weighing on Peru's currency is the prospect of a second round runoff vote between centrist Alejandro Toledo and leftist ex-President Alan Garcia, now expected on June 3. Investors fear Toledo, a free market economist with leftist rhetoric, is impulsive and may not be able to meet his electoral promises. The prospect of a return of Garcia, whose 1985-90 government saddled Peru with a debt crisis, hyperinflation and daily food lines, rattles them too." More wringing of hands about what can come in the next couple of months.

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