Peru governor agrees to stay on

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Ollanta Humala, the president-elect of Peru, said on Sunday he has asked the governor of the Central Reserve Bank of Peru to stay on for another term.

A spokesperson for the central bank confirmed that Julio Velarde had accepted and will remain as governor for another five years.

The president's announcement was made during a television interview. Local media reports quoted the president as saying he wanted to provide "macroeconomic stability and stability in monetary policy" by sticking with

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