Would the coronavirus pandemic stir up a new wave of currency devaluations/depreciation and then a currency war?
The entire world is undergoing the coronavirus pandemic due to the Gross Domestic Product (GDP) of all the affected nations is falling. Many countries have started facing recession and many of them are about to enter into recession. Yes, it is expected that this pandemic would stir up a new wave of currency devaluations/depreciation. Currencies of the nations which would be majorly affected by this pandemic might weaken against the currencies of those nations which come out of this pandemic easily and this might result in currency war.
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