Financial instability is spreading as the value of the Japanese yen and Chinese yuan plummeted against the dollar due to the strong US dollar.
The yen/dollar exchange rate broke the 150 yen, which is called the psychological resistance level, and recorded the first yen low in 32 years.
The yuan/dollar exchange rate also exceeded 7.2 yuan for the first time in 14 years since 2008.
Earlier, Bloomberg diagnosed that there is a growing concern that the Asian financial crisis similar to that of 1997 will be repeated due to the sharp decline in the currency values of the two largest economies in Asia last month.