US Department of Treasury no longer labels Switzerland as currency manipulator
The Department of Treasury concludes no major U.S. trading partner manipulated the rate of exchange between its currency and the U.S. dollar.
The Department of Treasury concludes no major U.S. trading partner manipulated the rate of exchange between its currency and the U.S. dollar.
Over the second half of 2019 and particularly in the first six months of 2020, Switzerland conducted an intervention to resist appreciation of the franc.