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Datawatch

Emerging market currencies mark biggest falls in 5 years

Coronavirus pandemic and slumping oil price undermine credit ratings

Emerging market currencies are collapsing in a magnitude last seen in 2015.   © Reuters
HIROFUMI TAKEUCHI, Nikkei staff writer | Southeast Asia

TOKYO -- Emerging market currencies are collapsing in a magnitude last seen in 2015 when China's renminbi devaluation panicked global financial markets.

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