Treasury Says Countries Avoid 'Enhanced Analysis' Of Currency Practices
The Treasury Department in its semi-annual foreign exchange report for the first time employed new currency manipulation monitoring tools and placed five countries -- China, Japan, Korea, Taiwan and Germany -- on a “monitoring list,” but determined none of the countries triggered requirements for “enhanced analysis” included in the 2015 Customs Bill. In its report released Friday (April 29), Treasury said all five countries met two of the three criteria for enhanced analysis, but none met all three criteria. The...