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Trump Accuses Russia and China of Currency Devaluation in Tweet

Trump Accuses Russia and China of Currency Devaluation in Tweet© Reuters. Trump accuses Russia and China of currency devaluation in Tweet

Investing.com – U.S. President Donald Trump accused Russian and China of devaluing their currencies while the United States raises interest rates on Twitter on Monday.

The tweet comes after the U.S. Treasury Department published its semi-annual report on currencies on Friday and declined to name China as a currency manipulator.

The U.S. dollar has been fallen around 10% against the in the past 16 months and is trading near the lowest since mid-2015.

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Source: Investing.com

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