China’s currency wars rattle African economies

By Al Jazeera

Since China’s devaluation of the yuan last month, an estimated $5tn has been wiped off global stock markets.

Jolting financial markets, emerging and developing nations have been the hardest hit and have seen their currencies fall to multi-year lows.

Albert Essien, the CEO of the pan-African bank EcoBank, joins the programme to discuss the impact on African economies.

Source:: Al Jazeera—Currency.mp4?videoId=4451852245001

The post China’s currency wars rattle African economies appeared first on African Media Agency.



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