Chile's peso falls 1.4% following weekend protests

Chile's peso currency fell 1.4% against the dollar, while the country's IPSA blue-chip stock exchange opened down 2.7% following a weekend of mass protests in Chile.

Several Chilean cities were engulfed by days of riots, along with peaceful protests, after a hike in public transport costs. The violence prompted President Sebastian Pinera to declare a state of emergency, placing the military in charge of security in the capital Santiago.