apr 13, 2018 - (11) US Treasury releases semi-annual report on currency practices of trading partners
Description:
April 13, 2018, the Treasury Department released its semi-annual report on currency practices of major trading partners. Once again, the report does NOT label China a “currency manipulator.” However, the report warns that China’s economic development was going in an “increasingly non-market direction.” The report also newly added India to the currency monitoring list, which already includes China, Japan, South Korea, Germany, and Switzerland.
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