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His administration will address the most urgent demands while respecting fiscal stability.

“If we don’t, we all lose,” he said.Peruvian Assets Rally as Sagasti Tapped to Fill Power VacuumSagasti was sworn in as interim leader following a week of unprecedented political and social tumult triggered by Martin Vizcarra’s impeachment.

Those protests led to the resignation on Sunday of Manuel Merino, who had taken over as interim leader days before.

Congress chose Sagasti as Peru’s third president in a week yesterday.As the political turmoil eased, Peru’s sol leaped 1.9% against the dollar on Tuesday, after touching an all-time low the day before.

The nation’s dollar bonds due in 2050 climbed 1.2 cent to 159 cents on the dollar.

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