Peru Currency Sells Off With Power Vacuum and Split Congress
- Previous interim president quit Sunday after deadly protests
- Nation is in turmoil following popular leader’s impeachment
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Peru’s currency tumbled to an all-time low as unprecedented political gridlock left the nation without a president, interim leader or head of congress.
After a weekend of anger and violence, lawmakers were unable to agree on a new temporary leader in a session late Sunday. They are set to vote Monday afternoon on a candidate to replace Manuel Merino, who lasted just six days as Peru’s interim president.