Nine, including Vietnam, Japan, China, in US currency monitoring list
Vietnam is on the US currency monitoring list due to its large trade surplus with the US and current account position. China has been warned due to its ‘lack of transparency’ and the US may take possible tougher action if Beijing is found intervening to suppress the renminbi’s appreciation. Japan and South Korea are included due to past interventions and sustained trade surpluses with the US.
Vietnam is on the US currency monitoring list due to its large trade surplus with the US and current account position.
China has been warned due to its ‘lack of transparency’ and the US may take possible tougher action if Beijing is found intervening to suppress the renminbi’s appreciation.
Japan and South Korea are included due to past interventions and sustained trade surpluses with the US.
