US Treasury maintains firm line on Chinese FX transparency
Tuesday 7 December 2021 – Vol.12 Ed.49.2
Commentary: US Treasury’s FX report gets it right
By Mark Sobel in Washington
The US Treasury’s latest foreign exchange report garnered little attention, perhaps because it rightly didn’t designate any countries for currency ‘manipulation’. But it is replete with sound technical analysis, plus worthy changes in the enhanced analysis framework. With a relatively dry assessment of China and a continued...