RMB plunge spotlights key risks for global investors

Aug 6, 2019

The Chinese currency's breaching of a key level against the dollar has sparked market turmoil and will be posing some tough questions for asset owners.

RMB plunge spotlights key risks for global investors

China's currency weakening beyond 7 to the US dollar on Monday has wide-ranging implications for asset owners globally: it could prompt reviews of investment portfolios and strategies and will lead to greater scrutiny of the risks posed by dollar-yuan moves, experts say.

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