Other options also shaky. Central banking institutions leery of Chinese RMB, its share continue to irrelevant. Euro’s share is trapped. But the yen’s share has been increasing. By Wolf Richter for WOLF Street. The US dollar’s posture as the dominant global reserve currency is an immensely crucial issue in supporting the ballooning US […]
currency
US manufacturers Vietnam, Switzerland as currency manipulators
WASHINGTON (AP) — The U.S. Treasury Department has branded Vietnam and Switzerland as currency manipulators though placing China and 9 other countries on a check out checklist in an annual report made to halt nations around the world from manipulating their currencies to get unfair trade rewards. It marked the […]