You are here

Yuan's fall adds US$14b to Asia's foreign debt burden

309016.jpg
The record devaluation of the yuan has dragged down almost every currency in Asia. As they drop, the foreign debt bills of the region's companies are rising.

Singapore

THE record devaluation of the yuan has dragged down almost every currency in Asia. As they drop, the foreign debt bills of the region's companies are rising.

Almost US$1.6 trillion of bonds and loans denominated in dollars and euros across Asia outside Japan and China has

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom