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China Confused About Trump Currency Manipulation Charges China has responded to U.S. President Donald Trump's charges China and Russia are manipulating the value of their currencies. Monday, Trump tweeted, "Russia and China are playing the Currency Devaluation game as the U.S. keeps raising interest rates. Not acceptable!" ...
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Louisiana's Lafayette Parish Might Have its Own Digital Currency Joel Robideaux, the Mayor-President of Lafayette Parish in the US state of Louisiana, revealed last week the local government had come up with a proposal to develop its own digital currency. The city-backed cryptocurrency should be released via an initial coin offering (ICO), a fundraising process that ...
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UPDATE 2-Iran switches from dollar to euro for official reporting currency (Adds Khamenei's comments, arrest of traders). LONDON, April 18 (Reuters) - Iran will start reporting foreign currency amounts in euros rather than U.S. dollars, state media said on Wednesday as part of the country's effort to reduce its reliance on the U.S. currency due to political tension with ...
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Mnuchin seeks to explain Trump's tweet on currency manipulation WASHINGTON — Treasury Secretary Steven Mnuchin sought Tuesday to explain away a tweet from President Donald Trump a day earlier accusing China and Russia of currency manipulation — a finding at odds with a report just issued by Mnuchin's department. Taking to Twitter on Monday, Trump ...
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