The Trump administration has kept China on its currency manipulator watch list. Photo: Bloomberg
China kept on US currency manipulator watch list amid sharp fall in US dollar-yuan exchange rate
- The Trump administration has kept China on its watch list of countries that may be deliberately devaluing their currencies
- The US Department of the Treasury cited China’s high trade surplus with the US as the primary reason behind the designation
Topic |
Currencies
The Trump administration has kept China on its currency manipulator watch list. Photo: Bloomberg