China’s yuan and the Japanese yen are the currencies most vulnerable to climate change, according to a new report by Barclays.
The bank looked at the effects of climate change on exchange rates, saying rising temperatures and associated economic costs could tank the value of the Chinese yuan and Japanese yen over 50% by 2070.
The report contains a model of emissions scenarios, along with predictions for how foreign exchange markets will be affected.
FULL ORIGINAL PUBLICATION HERE
