Tag: currency manipulator

• Tuesday, January 14th 2020 - 09:50 UTC

  Money markets react to US decision reversing China as a currency manipulator

  

  The Yen plumbed an eight-month low while the Yuan climbed to its highest level since July on Tuesday after the U.S. Treasury Department reversed its decision in August to designate China as a currency manipulator.

• Thursday, October 18th 2018 - 08:24 UTC

  Despite grumblings, US refrains from labeling China a “currency manipulator”

  

  United States has refrained from labeling China a “currency manipulator” in a move which may help defuse escalating tension over trade between the two countries. President Trump has previously accused China of keeping its currency weak to make its exports more competitive.