Our Business News

Business articles & tips that will guide you.

Facebook
RSS

The Treasury Department refused again Tuesday to label China a currency manipulator. In its semiannual report on exchange-rate policies, Treasury said China's currency remains "significantly undervalued" and "further appreciation of the [yuan] against the dollar and other major currencies is warranted." Republican presidential candidate Mitt Romney had pledged to cite China as a currency manipulator. President Barack Obama has argued that pressure from his administration has pushed the Chinese currency higher against the dollar. Treasury said the yuan has appreciated by 9.7% against the dollar since June 2010 and 12.6% when adjusted for inflation.

Comments are closed.

How to Speed Up Your

There are times when you want to make the video ...

The 7 Challenges Nob

Adversity comes with the territory of being a business owner, ...

5 Keys to Your Home

When doing home improvements, one of the toughest things to ...

Why You Need to Know

The world of marketing has changed drastically in a very ...

3 Things to Consider

Starting and running a business is not only exciting but ...

web
statistics