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China’s currency wars rattle African economies

WT24 Desk

Since China’s devaluation of the yuan last month, an estimated $5tn has been wiped off global stock markets, AL Jazeera reports. Jolting financial markets, emerging and developing nations have been the hardest hit and have seen their currencies fall to multi-year lows.

Albert Essien, the CEO of the pan-African bank EcoBank, joins the programme to discuss the impact on African economies.

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