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Treasury semi-annual currency report says no major US trading partners manipulated FX

Treasury semi-annual currency report says no major US trading partners manipulated FX
China, South Korea, Germany, Malaysia, Singapore, Switzerland and Taiwan remain on the listJapan was removed from the listSwitzerland exceeded just one of three thresholds in four quarters through Dec 2022Reiterates call for increased FX transparency from ChinaA number of countries had shifted to position of selling forex reserves to limit declines against strong dollar in 2022Does not believe China was intervening extensively to exceed net forex purchases thresholdThis report is a charade. If S... Read More
Posted: Jun 16 2023, 18:04
Author Name: forexlive
Views: 101973

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