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PoliticsUS Treasury finds no currency manipulation for trade advantage in 2025
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The US Treasury Department has concluded its 2025 analysis of foreign exchange practices of major trading partners and found that no country manipulated its currency to gain an unfair trade advantage. However, 10 trading partners, including Singapore, remain on a monitoring list for enhanced scrutiny of their currency practices. The analysis was conducted under the US Omnibus Trade and Competitiveness Act. The report indicates that while no outright manipulation was detected, the Treasury continues to closely watch certain economies for potential currency interventions that could affect trade balances. Singapore's inclusion on the monitoring list reflects ongoing US attention to its foreign exchange policies, though no punitive measures were recommended.
Source report
The US Treasury has concluded that no trading partner manipulated its currency to gain an unfair trade advantage in 2025, according to its latest analysis conducted under the US Omnibus Trade and Competitiveness Act.
Key Findings
- No currency manipulation was found among any US trading partners.
- 10 trading partners, including Singapore, remain on a monitoring list for enhanced scrutiny of their foreign exchange practices.
The Treasury's assessment reaffirms its ongoing oversight of foreign exchange policies among major US trade partners, with continued monitoring of those economies that meet certain thresholds for trade and currency intervention.
Source
The Business TimesRegional
Part of this Story
US Treasury Finds No Currency Manipulation for Trade Advantage in 2025