IBOV 171,347.61 ▼ 0.52% IPC MEX 71,866.30 ▲ 0.66% MERVAL 2,848,945 — — USD/BRL5.59▲ 1.53% USD/MXN18.66▲ 0.69% USD/CLP984.61▲ 1.80% USD/COP3,308▲ 6.01% USD/PEN3.41▲ 0.21% USD/ARS1,545▼ 0.03% USD/UYU40.43▲ 3.52% USD/PYG6,196▲ 1.99% USD/BOB11.68▲ 0.19% USD/DOP60.46▲ 2.41% USD/CRC445.62▲ 1.24% USD/GTQ7.64▲ 2.97% USD/HNL26.89▲ 3.05% USD/NIO36.62▲ 2.53% USD/VES897.02▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 2.36% USD/TTD6.72▲ 2.10% EUR/BRL6.23▲ 1.68% BRENT 92.04 ▼ 0.57% WTI 86.71 ▼ 0.16% IRON ORE 161.91 — — COPPER 6.22 ▼ 1.65% GOLD 4,028 ▼ 2.10% SILVER 51.25 ▼ 2.50% SOY 1,188 ▲ 0.51% CORN 441.25 ▲ 0.46% WHEAT 590.75 ▲ 0.47% COFFEE 266.40 ▼ 2.63% SUGAR 18.01 ▼ 1.10% ORANGE JUICE 147.30 ▲ 6.47% COTTON 78.28 ▼ 0.63% COCOA 4,879 ▼ 2.50% BEEF 221.70 ▲ 2.54% CATTLE 325.23 ▼ 0.95% LITHIUM 59.94 ▼ 2.30% PETR4 45.54 ▲ 0.77% VALE3 64.64 ▼ 2.22% ITUB4 41.26 ▼ 1.10% BBDC4 14.42 ▼ 1.77% ABEV3 15.75 ▲ 0.90% BBAS3 16.89 ▼ 0.76% B3SA3 14.56 ▼ 1.95% WEGE3 51.38 ▲ 1.26% PRIO3 59.67 ▲ 0.47% SUZB3 55.17 ▲ 1.79% RENT3 30.02 ▼ 2.63% AZZA3 14.65 ▼ 3.11% CSAN3 2.69 ▼ 2.89% RAIZ4 24.40 ▼ 12.86% PCAR3 2.37 ▼ 2.47% GMAT3 3.79 ▼ 1.04% PSSA3 46.12 ▲ 1.03% CVCB3 0.86 ▼ 1.15% POSI3 2.99 ▼ 1.32% SLCE3 16.68 ▼ 3.58% NATU3 5.57 ▼ 2.45% BRKM5 2.97 ▼ 1.66% RANI3 8.39 ▼ 4.22% CSNA3 4.49 — 0.00% IBOV 171,347.61 ▼ 0.52% IPC MEX 71,866.30 ▲ 0.66% MERVAL 2,848,945 — — USD/BRL 5.59 ▲ 1.55% USD/MXN 18.65 ▲ 0.66% USD/CLP 984.78 ▲ 1.81% USD/COP 3,305 ▲ 5.93% USD/PEN 3.41 ▲ 0.21% USD/ARS 1,545 ▼ 0.03% USD/UYU 40.43 ▲ 3.52% USD/PYG 6,196 ▲ 1.99% USD/BOB 11.68 ▲ 0.19% USD/DOP 60.46 ▲ 2.41% USD/CRC 445.62 ▲ 1.24% USD/GTQ 7.64 ▲ 2.97% USD/HNL 26.89 ▲ 3.05% USD/NIO 36.62 ▲ 2.53% USD/VES 897.02 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.36% USD/TTD 6.72 ▲ 2.10% EUR/BRL 6.24 ▲ 1.76% BRENT 92.04 ▼ 0.57% WTI 86.71 ▼ 0.16% IRON ORE 161.91 — — COPPER 6.22 ▼ 1.65% GOLD 4,028 ▼ 2.10% SILVER 51.25 ▼ 2.50% SOY 1,188 ▲ 0.51% CORN 441.25 ▲ 0.46% WHEAT 590.75 ▲ 0.47% COFFEE 266.40 ▼ 2.63% SUGAR 18.01 ▼ 1.10% ORANGE JUICE 147.30 ▲ 6.47% COTTON 78.28 ▼ 0.63% COCOA 4,879 ▼ 2.50% BEEF 221.70 ▲ 2.54% CATTLE 325.23 ▼ 0.95% LITHIUM 59.94 ▼ 2.30% PETR4 45.54 ▲ 0.77% VALE3 64.64 ▼ 2.22% ITUB4 41.26 ▼ 1.10% BBDC4 14.42 ▼ 1.77% ABEV3 15.75 ▲ 0.90% BBAS3 16.89 ▼ 0.76% B3SA3 14.56 ▼ 1.95% WEGE3 51.38 ▲ 1.26% PRIO3 59.67 ▲ 0.47% SUZB3 55.17 ▲ 1.79% RENT3 30.02 ▼ 2.63% AZZA3 14.65 ▼ 3.11% CSAN3 2.69 ▼ 2.89% RAIZ4 24.40 ▼ 12.86% PCAR3 2.37 ▼ 2.47% GMAT3 3.79 ▼ 1.04% PSSA3 46.12 ▲ 1.03% CVCB3 0.86 ▼ 1.15% POSI3 2.99 ▼ 1.32% SLCE3 16.68 ▼ 3.58% NATU3 5.57 ▼ 2.45% BRKM5 2.97 ▼ 1.66% RANI3 8.39 ▼ 4.22% CSNA3 4.49 — 0.00%
since 2009
Tuesday, November 10, 2026

Peruvian Congress dismisses transport minister over corruption allegations

By · · 1 min read

The Plenum of the Peruvian Congress has reprimanded (dismissed) the Minister of Transport and Communications, Geiner Alvarado, after he was accused of alleged cases of corruption in the current government.

“With 94 votes in favor, 14 against, and 8 abstentions, the Plenum of Congress approved Motion 3863, which proposes the removal of the Minister of Transport and Communications, Geiner Alvarado,” the Parliament announced through its Twitter account.

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Alvarado was in charge of the Housing and Construction Department in 2021.

According to the prosecutor’s investigation, during his tenure, the dismissed official was part of a mafia-like organization involved in awarding public works to private companies in exchange for economic benefits.

The plenum of Congress dismissed him because he is not fit to hold public office, as Alvarado is under investigation for three other alleged corruption offenses in addition to the one mentioned above.

President Pedro Castillo is also implicated in these investigations.

Once dismissed, the minister must submit his resignation, and the president is required to accept it and appoint a successor.

On September 10, Peru’s Deputy Minister of Transport and Communications, Luis Rivera, resigned after being sentenced to six years in prison for corruption.

 

 

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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