Page 3 - ஓவர்ஸீஸ் ப்ரைவேட் முதலீடு News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Coal Miners Union Seeks Voice in Move to Renewable Energy: Live Updates
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U S Treasury names green financier to climate czar post, disappointing activists
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So Long, 2020! Reviewing Energy and Environmental Policy, with Sarah Ladislaw and Barry Rabe
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U.S. Tags Switzerland Currency Manipulator, Keeps China on Watch
Bloomberg 12/17/2020 Saleha Mohsin and Liz Capo McCormick
(Bloomberg) The U.S. Treasury Department designated Switzerland and Vietnam as currency manipulators for the first time, while keeping China on a watch list, in the Trump administration’s final foreign-exchange policy report.
Having removed the manipulator label from China in January, the Treasury urged the world’s second-largest economy to “improve transparency” in its currency management, especially of its central bank’s relationship with state-owned banks which market participants say can act in the currency market with official guidance.
The manipulator designation has no specific or immediate consequence, beyond short-term market impacts. But the law requires the administration to engage with the countries to address the perceived exchange-rate imbalance. Penalties, including exclusion from U.S. government contracts, co
U S Calls Switzerland FX Manipulator, Keeps China on Watch
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