U.S. Treasury Refrains From Naming Any Currency Manipulators
- Switzerland drops from countries receving most scrutiny
- Taiwan and Vietnam still seen as breaching three criteria
Photographer: Kerem Uzel/Bloomberg
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The U.S. Treasury again stopped short of labeling any foreign economies as manipulators of their exchange rates, while continuing to say that Taiwan and Vietnam met all three criteria for the designation.
Switzerland dropped off the list, last published in April, of countries exceeding the three thresholds, with officials saying it violated two of the criteria while narrowly missing a third.