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Latin American Economy & Business - August 2016 (ISSN 1741-7430)

Peru: The market darling

Peru’s S&P Lima General Index has outperformed all emerging markets in local currency terms to date this year, surging by 58% to mid August. That compares to a bounce of 37% in Brazil’s Bovespa and 33% in Argentina’s Merval. Investor expectations are high for the new business-friendly government led by President Pablo Kuczynski.

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