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.

You must be logged in to post a comment.

Success in Small Bus

Small businesses rise up and fall at an astounding rate. ...

3 Best and Cost Effe

Your daughter wants it all – shoes, clothes, the latest ...

The Top Four Automot

If you have a love for automobiles, you may wish ...

The Lowdown on Car S

Car sharing is a term that has sprung up a ...

Simple Guide to Mova

Movavi Slideshow Maker is an easy to use and full ...