Peruvian markets fall as election race takes unexpected twist

Presidential election races in Peru have a history of being unpredictable. What initially seemed to be a three-way battle to succeed the outgoing Alan Garcia, now appears to be a five-way tussle ahead of the first round of voting on 10th April. The emergence of the centre-left candidate, Ollanta Humala, has spooked the markets, but we suspect that any fears may be overdone.

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