Treasury Secretary Steven Mnuchin sent a warning that the yuan is being monitored closely because Beijing’s monetary policy lacks transparency. Photo: Bloomberg.
US Treasury report brings a small reprieve to China in trade war
- Despite Trump’s claims, Treasury Department has declined to label China a currency manipulator
- Report finds that direct intervention by China’s central bank has been limited
Topic |
Yuan
Updated: Friday, 19 Oct, 2018 11:28pm
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Treasury Secretary Steven Mnuchin sent a warning that the yuan is being monitored closely because Beijing’s monetary policy lacks transparency. Photo: Bloomberg.
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