Global drop in currencies bruises investors


  • Forex
  • Thursday, 12 Sep 2019

CURRENCIES around the world are tumbling to multiyear lows, bruising investors’ portfolios and fanning the flames of a global trade war.

The Chinese yuan recently hit its lowest level in more than a decade against the dollar, the euro dropped to a fresh two-year low last week and the British pound is at depths it hasn’t consistently plumbed since the 1980s.

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