PERU · MARKETS

Key Facts

—The investor view: JPMorgan told clients on Thursday that a Peru divided Congress structurally limits the scope for deep policy reform after the June 7 runoff, citing the new bicameral legislature taking office in July.

—The buffer: Peru’s international reserves crossed US$100 billion on April 10, 2026, reaching US$100,076 million by April 15, around 28 percent of GDP, per Banco Central de Reserva data.

—The growth call: Fitch Ratings projects Peruvian growth slowing to roughly 2.8 percent in 2026 from 3.4 percent in 2025, citing electoral uncertainty and oil-price effects from the Middle East.