Australian dollar banknotes of various denominations are arranged for a photograph in Sydney, Australia, on Thursday, July 24, 2015. The Australian dollar slumped last week as a gauge of Chinese manufacturing unexpectedly contracted, aggravating the impact of declines in copper and iron ore prices. Photographer: Brendon Thorne/Bloomberg
"The trade war risk will likely cause a further weakening in the renminbi performance and by extension could weaken ringgit and it is a very tight correlation,” he told Bernama.
Source: Digital Coin News (digitalcoinnews.net)
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