Economist warns US against pushing for currency intervention in Asia
An economist advises the US to avoid demanding foreign-exchange interventions in Asian markets.
Jeffrey Frankel has cautioned against the US using its remaining influence to pressure Asian nations on currency policies. He argues the approach risks wasting diplomatic capital on foreign-exchange intervention demands.
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interest.co.nz
What should be done about Asia's undervalued currencies?
Jeffrey Frankel advises the US not to squander what remains of its influence by demanding foreign-exchange interventions
interest.co.nz
What should be done about Asia's undervalued currencies?
Jeffrey Frankel advises the US not to squander what remains of its influence by demanding foreign-exchange interventions