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.