What are the consequences of a depreciating currency?

The past few months have witnessed rapid currency depreciation across Asia, causing a significant amount of concern across economic sectors. What are the reasons behind these changes, what is their real impact on Asian economies and its people? A panel discussion by Dr. Ross McCleod, Dr. Cris Lingle and Dr. Ajay Shah; moderated by Murtaza Jafferjee at the Asia Liberty Forum, 2019.