Money Talks

Chinese yuan drops to weakest level since 2008 as growth falters


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Major indices in the Asia-Pacific region slumped 2% after the S&P 500 set a new 2022 low overnight on Wall Street. The offshore and onshore Chinese yuan fell to its weakest level since 2008 and the Indian rupee also marked a record low.
For more on this, we spoke to Danni Hewson, who is a financial analyst at AJ Bell in the UK.
#Yuan #Rupee #Markets
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