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  • 2 days ago
The US Treasury is keeping Taiwan on its currency manipulation watch list, alongside Japan and South Korea, with Thailand newly added. However, the US Treasury found no evidence that major trading partners have manipulated their currencies. Taiwan’s central bank, which pledged last year to avoid such practices, has not yet commented on the decision.

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00:00The U.S. Treasury Department is keeping Taiwan on its currency manipulation watch.
00:05Other Asian countries like Japan and South Korea also remain on the list.
00:10And Thailand has been added this time.
00:12But the Treasury says it found that none of the U.S.
00:15major trading partners manipulated their currency to make exports cheaper.
00:20This comes after Taiwan's central bank pledged last year to avoid the practice and release quarterly.
00:25Data on its market intervention.
00:27The central bank has not yet responded to Taiwan Plus's request.
00:30For comments on the Treasury's decision.
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