Keiko Fujimori Wins Peru Presidential Race with 50.135% Vote

Keiko Fujimori has been declared the winner of Peru's presidential race, securing 50.135% of the votes in the June 7 runoff, defeating Roberto Sanchez with 49.865%, a margin of approximately 50,000 votes from 18 million cast. This victory follows a contentious election marked by protests and allegations of electoral fraud. Fujimori will become Peru's 10th president since 2016, succeeding interim President Jose Balcazar. Her election is viewed positively by markets, which were concerned about a Sanchez victory, as confirmed by a recent report from Moody's.