EMERGING MARKETS-Violent protests in Chile hammer its markets, other Latam FX weaken
October 21, 2019 at 10:32 AM EDT
Latin American currencies slipped against a steady dollar on Monday, while Chile markets tumbled after a state of emergency was declared in the capital city of Santiago following violent protests over the weekend. Chile's peso slumped 2% and was on course to log its biggest one-day drop in more than 6 years, while stocks sank almost 3% in what could be their worst day in two years. The military was put in charge of security in Santiago after y