Treasury report of FX conditions

U.S. Treasury Report on International Economic and Foreign Exchange Policies

November 4, 2013

The semi-annual Treasury Department treatise on currency market conditions once again declared no country to be a “currency manipulation,” a designation that would enhance government powers to impose protectionist counter-actions.  As usual, the lack of any such formal designation did not stop Treasury officials from recommending policy adjustments and leveling criticism at the recent practices […] More