Taiwan Reaffirms Commitment to Dialogue with US on Forex Policies

Taiwan’s central bank said on Saturday it has smooth communication channels with the U.S. Treasury Department and will keep talking with them about foreign exchange policies, after the United States kept the island on a monitoring list.

Treasury said on Friday it found that no major U.S. trading partners had manipulated their currencies for an export advantage and ended “enhanced analysis” for Switzerland after the country met only one of three manipulation criteria.

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