In addition to the glaring error regarding the ‘news’ that both the former president Nursultan Nazarbayev and his appointed successor, Kassym-Jomart Tokayev, fleeing the country (not), and leaving aside the admission from this article regarding the Russian-led forces that Tokayev called in to help, let's look at the currency story mentioned here, in particular the Chilean Peso.

Admittedly the Peso/US$ dollar rate has declined from its high of 875 back in late December 2021 and is now trading at 822. To call this a collapse is just plain silly in FX trading terms. It’s just over a 6% decline, bringing the rate back to it's long term support against the US dollar and a level last seen in 2020 - right, over two years ago. A collapse would mean a precipitous decline of 15% to 20% in a matter of days, not weeks.

The article also makes no mention of the main reason for the Chilean peso decline: Namely (hello) the election of a young (35), left-wing politician, Gabriel Boric. Who, by the way, was confirmed winner at the same time as that all time high: 20 December 2021.

Last thing: the link highlighted for the Chilean peso has nothing to do with Chile.