US labels Vietnam & Switzerland ‘currency manipulators,’ puts China, India and others on watchlist

The US Treasury Department

The US Treasury Department has designated Vietnam and Switzerland as “currency manipulators,” while placing China, India and several other countries on its “monitoring list.”

“The Treasury Department has taken a strong step today to safeguard economic growth and opportunity for American workers and businesses,” Secretary Steven Mnuchin said in a statement on Wednesday, as he unveiled the department’s report on the “manipulators.”

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