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Treasury Department drops China's designation as a 'currency manipulator,' in further sign of thaw
Treasury Department drops China's designation as a 'currency manipulator,' in further sign of thaw
MONDAY, JANUARY 13, 2020
Treasury Department drops China's designation as a 'currency manipulator,' in further sign of thaw. WASHINGTON - The Treasury Department on Monday dropped China from a list of nations it alleges manipulate their currency values to gain an unfair trade advantage, greasing the wheels for the scheduled signing of a U.S.-China trade deal on Wednesday.Funds inflows after yuan slide expected to further pressure baht
Funds inflows after yuan slide expected to further pressure baht
TUESDAY, AUGUST 06, 2019
The depreciation of the yuan will put more pressure on the baht, as foreign investors will divert more money into the Thai bond market, say economists, warning of an unpredictable future.