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
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
David Brown
Opinion

Opinion

Macroscope by David Brown

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

David Brown
David Brown

Updated: 8:35am, 30 Jan, 2018

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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
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
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