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Trump administration spares China 'currency manipulator' tag In a report it must issue every six months, the administration said Friday that no country met the criteria to be labeled a currency manipulator. But six nations - China, Japan, South Korea, India, Germany and Switzerland - were placed on a watch list subjecting them to added U.S. pressure to lower trade ...
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HKMA Intervenes to Buy Local Currency, First Time Since '05 (Bloomberg) -- The Hong Kong Monetary Authority bought the local currency for the first time since the current trading band was imposed in 2005, after the exchange rate sank to the weak end of its permitted range. The de facto central bank purchased a total of HK$3.258 billion ($415 million), including ...
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US adds India to currency watch list with China WASHINGTON: The US Treasury added India to its watch list of countries with potentially questionable foreign exchange policies, joining China and four others, according to a report issued on Friday (Apr 13). Treasury said the "monitoring list" includes those "major trading partners that merit close ...
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