A runoff between Fujimori and Sánchez, if confirmed, will put the country’s famous macroeconomic stability at risk, a former finance minister writes.

Leftist candidate Roberto Sánchez has moved into second place in Peru's presidential vote count, positioning himself for the runoff election.

Keiko Fujimori and Roberto Sánchez appear headed to a high-stakes runoff on June 7 after the first-round vote indicated critical new dynamics.

A runoff between Fujimori and Sánchez, if confirmed, will put the country’s famous macroeconomic stability at risk, a former finance minister writes.