The razor-thin margin in Peru’s June 7 presidential runoff between Keiko Fujimori and Roberto Sánchez has extended the official tally, with ONPE still processing rural ballots, overseas votes, and roughly 500,000 contested actas that could decide the outcome. JNE must adjudicate challenges and issue the formal proclamación de resultados before certification, a step electoral authorities have indicated will likely occur in July rather than immediately after the vote. Historical patterns in close Peruvian contests show that appeals, recounts, and procedural reviews routinely stretch the timeline, while the absence of decisive legal setbacks or widespread protests to date supports expectations of orderly resolution within the standard 30-day window. Traders therefore focus on whether any late challenges or institutional delays push certification past mid-July benchmarks.