First Word Asia: Volatile State of Currencies

Feb. 24, 2016

 China’s yuan fell for a fourth day. The People’s Bank of China set its reference rate at the lowest level in almost three weeks. Elsewhere, the British pound slipped below $1.40 as investors worry about Britain's possible exit from the European Union.

Bloomberg's Doug Krizner and Bryan Curtis spoke about the volatile state of currencies with Julian Evans-Pritchard, China economist at Capital Economics Asia; and Steven Englander, managing director, Global Head: G10 FX Strategy, Citigroup Global Markets.

First Word Asia on Bloomberg Radio: Breaking economic, business and market news as it happens around the globe, with a special focus on Asia.

 

SoundCloud: First Word Asia: Feb. 24, 2016

 

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