Reported 10 months ago
The U.S. Treasury reported that no major trading partner manipulated its currency in 2023, adding Japan to a monitoring list alongside China, Vietnam, Taiwan, Malaysia, Singapore, and Germany. Countries are included in the list based on criteria like trade surplus and current account surplus. Japan's recent foreign exchange interventions and transparent operations led to its inclusion on the list. The report highlighted concerns about China's lack of transparency in foreign exchange policies and discrepancies in balance of payments data. Vietnam's rising surpluses also triggered its addition to the monitoring list.
Source: YAHOO