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China’s currency wars rattle African economies

September 1, 2015

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

http://bc05.ajnm.me/665003303001/201508/2957/665003303001_4451892567001_CTC-Clip—Currency.mp4?videoId=4451852245001

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

Source:: http://amediaagency.com/chinas-currency-wars-rattle-african-economies/

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