BEIJING (Reuters) - China said on Friday it has no intention of using currency devaluation to its advantage in trade, responding to an assertion from U.S. President Donald Trump that China is the "grand champions" of currency manipulation.

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BING NEWS:
  • The Yen’s Plunge and Dollar Devaluation
    As U.S. and Japanese monetary policies diverge, currency moves could spur damaging tariffs.
    04/29/2024 - 9:46 am | View Link
  • The Election-Devaluation Cycle
    Jeffrey Frankel revisits the idea that emerging and developing economies are likely to prop up their currencies before a vote.
    04/29/2024 - 2:22 am | View Link
  • Japanese Yen Surges in Apparent Currency Intervention
    Japanese authorities may intervene again in the currency market this year as U.S. interest rates are expected to remain high.The Japanese Yen ...
    04/29/2024 - 2:00 am | View Link
  • Argentina’s Javier Milei Talks Up His Peso Plans, China, Trump and Israel
    His administration currently devalues the currency at a 2%-per-month pace, a policy set after Milei’s December inauguration together with a one-off 54% devaluation. The president’s comments ...
    04/5/2024 - 12:58 am | View Link
  • Argentina's Javier Milei Talks Up His Peso Plans, China, Trump and Israel
    His administration currently devalues the currency at a 2%-per-month pace, a policy set after Milei’s December inauguration together with a one-off 54% devaluation ... Milei also said he has no ...
    04/4/2024 - 1:00 pm | View Link
  • More

 

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