US Treasury Report Finds No Currency Manipulation by Major Trading Partners
The final Biden-era report highlights currency practices while adding South Korea to the monitoring list for foreign-exchange scrutiny.
- South Korea has been added to the US Treasury's monitoring list due to its significant current account surplus and trade deficit with the US.
- The report maintains that no major US trading partner has manipulated currency to gain unfair trade advantages in the past year.
- China remains on the monitoring list, with the US Treasury calling for more transparency in its foreign exchange practices.
- Malaysia has been removed from the monitoring list, while other countries like Japan, Germany, and Vietnam remain under scrutiny.
- The report underscores the global trend of countries supporting their currencies against a strong US dollar to combat inflation.
Denver Gazette 
