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The U.S. Treasury Department announced that none of its major trading partners manipulated their currencies in 2024 but expanded its monitoring list to include Ireland and Switzerland. The latest semi-annual report reveals that the U.S. has maintained a monitoring list since 2016, with China, Vietnam, South Korea, Taiwan, Japan, Germany, and Singapore also continuing under scrutiny. This release marks the end of the currency reports during Joe Biden's presidency and comes as Donald Trump returns to office.
Source: YAHOO