ASIAN CURRENCIES WEAKENS AS THE VIRUS WORRIES ESCALATED

Highlights:

• Chinese Yuan slumped by 1.2%.
• Chinese equities suffered a loss of more than $420 billion.
• Indonesian Rupiah fell by 0.6%.

Chinese Market reopened with a slump in its currency after the extended Lunar New Year b...

At $1.6 turn a day, EM money exchanging outpaces peers, rupee bargains twofold

Cash exchanging developed at a quicker pace in developing markets than created countries in recent years, supported by an expansion in robotized purchasing and selling just as interest for less secure resources, as per the Bank for International Settlements. Creating country monetary forms repres...