Beijing's tighter grip on HK, weakens euro, Aussie

Business | 22 May 2020 3:26 pm

The worsening mood following Beijing’s decision to impose national security laws on Hong Kong, pushed riskier currencies lower today.

The Australian dollar dropped by 0.5 percent to US$0.6531 and the euro eased by 0.25 percent to US$1.0922. The safe-haven yen gained 0.15 percent to 107.45 per dollar.

 

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