What is Currency Manipulation?

What is currency manipulation?

Written by Charley Blewett

Published: August 23, 2019

Updated:
May 9, 2024

Update: 05/09/2024

Related article from the web …

— China’s cycle of dollar hoarding and weakening yuan gets vicious

SHANGHAI, April 16 (Reuters) – Chinese businesses are hoarding dollars because they expect their own currency to weaken, and that in turn is exacerbating a slide in the yuan that has been driven by wobbly stock markets and feeble growth in the world’s second largest economy.
Read here …

— The strength of the US dollar is hurting other currencies. Here’s how countries are responding

Americans traveling outside the US will find that they are about 14% richer than they were at the beginning of the year.

That’s because the dollar has risen that much against some of the world’s most traded currencies.

In the face of tightening global financial conditions—led by the US Federal Reserve—most investors …
Read here …

— How it Affects You

Stocks, bonds, and commodities, including currency, are all traded through the global marketplace. When a government sells its currency and buys a foreign currency, usually U.S. dollars, the value of their currency goes down and the value of the dollar goes up. This has the affect of making their goods and services cheaper to export and, in this case, the cost of U.S. imports more costly.

Currency is used in the exchange of goods and services and is vital to the world economic health. Read this article published by the American Automotive Policy Council on Currency Manipulation with excellent graphic representation.

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