Foreign Exchange News Results

  • U.S. to Start Consultations With Taiwan Over Currency

    WASHINGTON-- The U.S. will start talks with Taiwan to address the valuation of its currency and external imbalances, saying its central bank is actively intervening in the foreign-exchange market, the Treasury Department said Friday. The department will continue similar talks with Vietnam and Switzerland, which were designated as currency manipulators by the Treasury under the Trump administration in January. Departing from the Trump administration's stance, the Treasury...

  • The Dollar's Sliding Share in Global Currency Reserves is a Red Herring -- Heard on the Street

    The dollar's share in global foreign-exchange reserves slipped to its lowest level since the mid-1990s last year, giving fresh fuel to arguments that the greenback's role as the top global currency is under threat. But reserve figures paint an incomplete picture of the currency's heft. A broader view of demand for dollars shows there is still no meaningful challenge to their role.

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