US Presses China for More Yuan Transparency as Yellen Meeting Looms
- Treasury refrains from naming any currency manipulator
- US has six trading partners on currency-practices watchlist
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The US Treasury reiterated its call for greater transparency in how Beijing conducts its exchange-rate policy and said it was monitoring China alongside five other major trading partners over its currency practices.
In its semiannual foreign-exchange report released Tuesday, the Treasury Department refrained from designating any trading partner as a foreign-exchange manipulator.