Treasury Says China Isn’t Currency Manipulator

The Treasury Department on Friday again refused to label China a currency manipulator, citing positive discussions with Chinese officials and a decline in the country’s current account surplus.

ASK NEWS:
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    Aussie in December when the currency fetched an ... a ‘‘significant slowing’’ in China and ... they really don't want to be isn't healthy ...
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  • Markets Live: Shares gain ahead of China GDP - Sydney Morning Herald
    Aussie in December when the currency fetched an ... a ‘‘significant slowing’’ in China and ... they really don't want to be isn't healthy ...
    04/15/2014 - 3:09 pm | View Link
  • Slackening Growth Pressures Beijing - Wall Street Journal
    ... more regularly.The Treasury Department, in ... touted its efforts to persuade China to allow the currency to appreciate and want to make sure ...
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  • Markets Live: RBA recommits to low ... - Canberra Times
    ... figures, familiar to currency ... really don't want to be isn't healthy ... for steel consumption in China and ... The 10-year Treasury ...
    04/14/2014 - 1:48 pm | View Link
  • Markets Live: RBA recommits to low rates - Sydney Morning Herald
    ... figures, familiar to currency ... really don't want to be isn't healthy ... for steel consumption in China and ... The 10-year Treasury ...
    04/14/2014 - 1:48 pm | View Link
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YAHOO NEWS:
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    The Lloyds's dealer, Martin Chantree, alerted the other trader on Jan. 31, 2013, that his desk had received instructions from the bank's treasury department to swap more than 300 million pounds ($499 million) for dollars and that they would continue selling regardless of price movements, said two of the people, who asked not to be identified amid a probe into alleged rigging of the currency ...
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BING NEWS:
  • U.S. Treasury Blasts China Over Yuan
    U.S. officials had previously touted their efforts to persuade China to allow the currency to appreciate and want to make sure China isn't ignoring the recent weakness. Chinese officials and have said the yuan's weakness is a temporary move designed to ...
    04/15/2014 - 3:07 pm | View Link
  • China Got Into Bed With the U.S. Treasury and Can’t Get Out
    The RMB isn’t fully convertible ... capital flows and currency trading in a way that would turn the RMB into a solid reserve currency like the dollar. “China’s policymakers remain deeply uncomfortable with allowing market forces a say in determining ...
    10/15/2013 - 10:45 pm | View Link
  • Treasury Declines to Label China a Currency Manipulator
    We know that, even if China has stopped manipulating its currency for now, other countries have more than taken up the slack. And that has led to a loss of 4% of US GDP, which means millions of jobs. Indeed, this isn’t just about China; the Treasury ...
    11/28/2012 - 2:47 am | View Link
  • Treasury: China Isn’t Currency Manipulator Under US Law
    China isn’t a currency manipulator under U.S. law, though the yuan “remains significantly undervalued” and needs to rise further, the Treasury Department said. China “has substantially reduced the level of official intervention in exchange markets ...
    11/27/2012 - 2:18 pm | View Link
  • U.S. Treasury Declines to Name China Currency Manipulator
    China isn’t a currency manipulator under U.S. law, though the yuan “remains significantly undervalued” and needs to rise further, the Treasury Department said. China “has substantially reduced the level of official intervention in exchange markets ...
    11/27/2012 - 8:10 am | View Link
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BING SEARCH:
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    The Department of the Treasury performs four basic functions: formulating and recommending economic, financial, tax, and fiscal policies; serving as financial agent ...
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  • Treasury Reporting Rates of Exchange
    Country - Currency Foreign Currency to $1.00; AFGHANISTAN - AFGHANI: 56.6000: ALBANIA - LEK: 101.2500: ALGERIA - DINAR: 77.4900: ANGOLA - KWANZA: 95.0000: ANTIGUA ...
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  • Why is Chinese Currency Undervalued? | Economics Help
    Many argue that on simple purchasing power parity, the Chinese currency the Renminbi is undervalued by approximately 30%. This is a source of friction in the US, with ...
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