TOKYO/SHANGHAI -- The currencies of resource-rich countries like Brazil and Canada are depreciating amid the prolonged economic downturn in key trade partner China, exacerbated by uncertainty over Beijing's stimulus measures.
Australia, New Zealand exchange rates also impacted
China is Australia's largest trading partner, making reduced Chinese demand a headwind for its economy. © Reuters
TOKYO/SHANGHAI -- The currencies of resource-rich countries like Brazil and Canada are depreciating amid the prolonged economic downturn in key trade partner China, exacerbated by uncertainty over Beijing's stimulus measures.