A weaker currency is seen as a major boost for exporting nations. A man walks past a display showing symbols for world currencies on the exterior of a bank in Beijing. Photo: AP
Opinion
Opinion
Macroscope
We’re back to currency wars, and here’s why that is bad for markets
The world’s leading economies are teetering into a forex free for all, heightening instability among the G7
A weaker currency is seen as a major boost for exporting nations. A man walks past a display showing symbols for world currencies on the exterior of a bank in Beijing. Photo: AP