No Major Trading Partners Named as Currency Manipulators by US Treasury; China and Others Being Monitored

No Major Trading Partners Named as Currency Manipulators by US Treasury; China and Others Being Monitored
A Chinese bank worker counts stacks of 100-yuan notes at a bank in Huaibei, in eastern China's Anhui Province in this file photo taken on Aug. 4, 2010. STR/AFP/Getty Images
Andrew Moran
Updated:
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The U.S. Treasury Department confirmed in a new foreign-exchange report that no major trading partner met the criteria to be labeled a currency manipulator in the four quarters through December 2022.

The Treasury regularly publishes a report that reviews and assesses the policies of major trading partners to determine if they are attempting to influence the exchange rate between the U.S. dollar and another currency, or weaken their currency to obtain an unfair competitive advantage in global trade.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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