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'Currency wars': new phase with US Treasury action?

Japan and China among five economies in fresh list used by Washington to monitor what it calls potentially 'unfair' practices in foreign exchange policy

WATCHING THE YEN: The US Treasury Department said it assessed current conditions in the dollar-yen foreign exchange market as 'orderly' - in an apparent gesture of opposition to possible market intervention, to which Japanese officials alluded recently, Kyodo reported.


SO-CALLED "currency wars" appeared to have entered a new stage at the weekend after the US Treasury Department announced that it was including Japan and China among five economies in a new US government list used to monitor what Washington calls potentially "unfair" practices in...

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