Peru's new Marxist PM says 'don't worry' as chances of radical policy shift rise

FILE PHOTO: Peru's President Pedro Castillo walks out the Congress after his swearing-in ceremony, in Lima, Peru July 28, 2021. REUTERS/Angela Ponce/File Photo

LIMA (Reuters) -Peru's newly appointed hard-left prime minister sought to soothe worried markets on Friday after President Pedro Castillo named members of his Marxist Free Peru party to key cabinet posts, sending both bond markets and the country's currency tumbling.

Guido Bellido, a hardliner from the Andean city of Cuzco who is little known in Lima circles, was named https://www.reuters.com/world/europe/peru-president-castillo-names-member-far-left-party-prime-minister-2021-07-29 prime minister on Thursday, scuttling investor hopes that Castillo would choose moderate advisers and sending an immediate chill through markets.