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US refrains from labeling China a currency manipulator but keeps Japan on list Axel Merk, president and portfolio manager of Merk Hard Currency Fund in Palo Alto, California, said it was not surprising that Treasury did not name China a currency manipulator, saying ... "By not labeling them a currency manipulator, they can continue pushing China through the executive branch.".
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US adds India to currency watch list, demands reforms to address surpluses The Treasury said the "monitoring list" includes those "major trading partners that merit close attention to their currency practices." In addition to India, the semi-annual report to Congress names five countries that continue on the list from October: China, Germany, Japan, Korea and Switzerland.
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International bonds set to launch in Vietnamese currency The International Finance Corporation (IFC) put forward a plan to release new bonds in Vietnamese dong at a workshop on Thursday. The first issuance of $100 million worth of bonds will be converted into Vietnamese currency. The money will be used to invest in the Vietnamese market, said Nena ...
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Can RBI press for open currency? The Reserve Bank of India's (RBI's) decision to lower the boom on crytocurrency will have multiple repercussions. Some of those may be unforeseen and unpleasant. The RBI has decreed that banks and non-banking financial companies must stop services and support to cryptocurrency exchanges, and ...
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