The findings also add a nuance to the global currency war, which in some quarters is seen as a result of the Federal Reserve’s super-easy monetary policy stance and its desire to push the USD lower.
Offshore renminbi has passed another milestone, becoming the first non-CLS settled currency to be tradeable on ParFX – but China’s regime of exchange-rate controls still casts a long shadow over the ...
Tim Geithner’s decision to delay the US Treasury Department’s biannual report on international economic and exchange rate policy, originally scheduled for release on April 15, probably helped avert a ...