Most Latin American currencies firmed on
Tuesday, while Chilean markets recovered assuaged by President
Sebastian Pinera's willingness to listen to demands by
protesters after violence over the weekend hammered markets last
Chile's peso traded steady after a 2.7% slump on
Monday - its worst day in more than six years, while a more than
1% jump in stocks came after a 4.6% dive which was its
biggest one-day drop in almost two years.
A hobbled metro system and damage to downtown streets snarled public transportation in the Chilean capital Santiago on Tuesday, following days of protests throughout the country that have left 15 dead and led to the arrest of 2,600, officials said.
Chilean President Sebastian
Pinera said on Monday evening he would meet opposition leaders
to forge a "new social contract" to alleviate inequality as
thousands of Chileans defied a military curfew in protest
marches around the capital.
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