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United States Treasury Reports No Major Trading Partner Manipulate Currency in 2023, Foreign Exchange Monitoring List Includes Germany, Japan, China, Taiwan, Singapore, Malaysia & Vietnam, Country Added to Monitoring List if 2 of 3 Conditions are Met – 1) Trade Surplus of >$15 Billion with United States, 2) Global Account Surplus >3% of GDP, 3) One-Way Net Foreign Exchange Purchases of >2% of GDP Over 12 Months
26th June 2024 | Hong Kong
The United States Treasury has reported no major trading partner had manipulated currency in 2023. United States Foreign Exchange monitoring list includes Germany, Japan, China, Taiwan, Singapore, Malaysia & Vietnam. A country is added to the monitoring list if 2 of 3 conditions are met – 1) Trade surplus of >$15 billion with United States, 2) Global account surplus >3% of GDP, 3) One-way net foreign exchange purchases of >2% of GDP over 12 months.
“ United States Treasury Reports No Major Trading Partner Manipulate Currency in 2023, Foreign Exchange Monitoring List Includes Germany, Japan, China, Taiwan, Singapore, Malaysia & Vietnam, Country Added to Monitoring List if 2 of 3 Conditions are Met – 1) Trade Surplus of >$15 Billion with United States, 2) Global Account Surplus >3% of GDP, 3) One-Way Net Foreign Exchange Purchases of >2% of GDP Over 12 Months “
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United States Treasury Reports No Major Trading Partner Manipulate Currency in 2023, Foreign Exchange Monitoring List Includes Germany, Japan, China, Taiwan, Singapore, Malaysia & Vietnam, Country Added to Monitoring List if 2 of 3 Conditions are Met – 1) Trade Surplus of >$15 Billion with United States, 2) Global Account Surplus >3% of GDP, 3) One-Way Net Foreign Exchange Purchases of >2% of GDP Over 12 Months
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