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Insights Daily Debates, Day – 14

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Insights Daily Debates: Day – 14

13 August 2015

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Today’s Topic

Is the Devaluation of Yuan by China an Act of ‘Currency War’?

Livemint

Reuters

                                                   TIME (Please Check Infographic)

Forbes

The Guardian

What is currency war? Why the West is wary of devaluation of Yuan? Why is India worried? Is it a currency war? If yes, how will this affect global economy? Is China right in devaluing its currency? What would have India done if it was in China’s position? If India devalues its currency, will it be called as an act of ‘currency war’?