U.S. Treasury and Taiwan Central Bank agree to avoid exchange rate manipulation
PositiveFinancial Markets

- The U.S. Treasury and Taiwan Central Bank have agreed to avoid exchange rate manipulation, promoting financial market stability and economic cooperation. This agreement highlights a commitment to fair trading practices and aims to prevent potential economic imbalances caused by currency manipulation.
- This development is significant as it underscores the importance of collaboration between the U.S. and Taiwan in maintaining economic stability. It signals a proactive approach to managing currency issues, which can impact trade relations and investor confidence in both markets.
— via World Pulse Now AI Editorial System