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Is China really manipulating its currency?

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Amid a turbulent week in the U.S.-China trade war, Senior Fellow David Dollar explains why the value of China’s yuan is falling and whether the U.S. Treasury Department’s designation of China as a currency manipulator is accurate on a special episode of Dollar & Sense and The Current. Dollar also discusses the effect that the yuan’s depreciation had on the U.S. stock market, why markets stabilized on Tuesday, and the prospects of a de-escalation of tensions.

Related content: 

Janet Yellen on monetary policy, currencies, and manipulation

Chinese perspectives on trade and the economic tension with the US

What a US-China trade deal could look like

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