Peru President-Elect Understands Need for Stability, Aide Says

Peru’s President-elect Ollanta Humala understands the importance of economic and fiscal stability to the country and needs a few more days to choose his Cabinet, economic policy aide Oscar Dancourt said.

“I think he knows very well the importance of maintaining macroeconomic stability, monetary and fiscal policy,” said Dancourt, who Bank of America-Merrill Lynch reported may be a candidate for central bank chief, in an interview. "He knows well the importance of the need to have an autonomous central bank."