TOKYO -- Emerging market currencies are collapsing in a magnitude last seen in 2015 when China's renminbi devaluation panicked global financial markets.
Coronavirus pandemic and slumping oil price undermine credit ratings

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