US Vows to Use ‘Every Tool’ to Stop Countries Manipulating Currencies

In late 2020, the US Treasury formally slammed Switzerland and Vietnam as “currency manipulators”, accusing them of intentionally searching for to devalue their currencies in opposition to the greenback to acquire the higher hand in buying and selling.

The US will use each device to cease international locations manipulating currencies and stealing US mental property, US Secretary of State Antony Blinken mentioned throughout his speech on international coverage on Wednesday. 

In December 2020, the US Treasury formally denounced Switzerland and Vietnam as “currency manipulators”, accusing these international locations of intentionally making an attempt to devalue their currencies in opposition to the greenback to acquire the lead in buying and selling.

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Sourse: sputniknews.com

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