Taiwan is confident of being removed from American currency watch list

Taiwan is confident of being removed from American currency watch list

Taiwan's trade surplus with America is considerably smaller than actually Washington estimates, as the economics minister told. Taiwan’s official hopes his country will be removed from the US Treasury's watch list of potential reportable currency manipulators.

The given issue has been discussed during some policy rate-setting gatherings by the major bank, and Taiwan’s officials explained to the USA that there’re differences in the way they calculated the numbers, as Minister of Economic Affairs Lee Chih-Kung informed Reuters.

Taiwan that last October was mentioned by the Treasury, arose again along with Japan, South Korea, China, Germany and Switzerland on the latest list issued the previous week.

The semi-annual American Treasury currency report has inspected the trading partners for the purpose of curbing what America labels as "unfair currency practices".

Similar

Popular

Asian shares tumble with Japan markets shut

On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…

Greenback surges as yields soar

On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera