Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept & continue
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • German finance minister urges EU to rein in public spending
    • ‘Quad’ security group plans system to track illegal fishing by China
    • Slowdown ahead for UK housing market
    • Albanese claims victory to become first Australian Labor prime minister in nine years
    • Canadian sanctions put Lebedevs back in the UK spotlight
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Is the global economy heading for recession?
    • ‘Quad’ security group plans system to track illegal fishing by China
    • Why on earth did Warren Buffett swap Wells Fargo for Citigroup?
    • How Elon Musk and Jack Dorsey aligned behind Twitter deal
    • China seeks more island security pacts to boost clout in Pacific
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • Why on earth did Warren Buffett swap Wells Fargo for Citigroup?
    • Lukoil’s ex-chief warns against EU ban on ‘irreplaceable’ Russian oil
    • ‘Very sensitive’ US-China rift poses challenge for Hong Kong stock exchange chief
    • JPMorgan chief Jamie Dimon tries to rekindle Wall St glow at investor day
    • HSBC banker draws fire after accusing policymakers of climate change hyperbole
  • Tech
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
    • Cryptocurrencies
    Most Read
    • The eternal dream of automatic money
    • Wall Street stocks flirt with bear market as growth concerns mount
    • Investors spooked as gloom grips markets
    • Live news updates from May 20: Russia vows to expand military after Nato moves, S&P 500 sinks for seventh straight week
    • What are investors supposed to trust in now?
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
    Most Read
    • Why on earth did Warren Buffett swap Wells Fargo for Citigroup?
    • The men who stick to a strict style diet
    • The cold call is back and worse than ever
    • Pessimism engulfs the Chinese economy as foreign investment fades
    • Élisabeth Borne, a French technocrat with a political point to prove
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    Most Read
    • The cold call is back and worse than ever
    • As a longtime trailing spouse, how do I get back into full-time work?
    • Are universities suffering from management bloat?
    • Spreadsheets are now cool, thanks to TikTok
    • “Oleg, it’s obviously great news that you have not been sanctioned”
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
    Most Read
    • Short cuts: the little island becoming Europe’s aviation hotspot
    • The men who stick to a strict style diet
    • Bridging loans surge as UK buyers scramble for property
    • The HTSI summer 2022 travel special
    • Smart, co-operative, emotional: what cutting-edge science tells us about pigs
  • How to Spend It
MenuSearch
  • Home
  • World
  • US
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Work & Careers
  • Life & Arts
  • How to Spend It
Financial Times
SubscribeSign In

Your guide to a disrupted world

Start a 4-week trial

Currency wars

Add to myFT Digest

Add this topic to your myFT Digest for news straight to your inbox

  • Tuesday, 19 October, 2021
    LexWise
    Wise: maverick fintech hero heads for zero fees Premium content

    Investors are buying into a story of disruptive and rapid revenue growth

  • Monday, 19 July, 2021
    US resolves currency dispute with Vietnam

    Biden administration deal removes an irritant in relations between the two countries

  • Friday, 16 April, 2021
    US stops short of labelling Taiwan a currency manipulator

    Treasury also removes designations on Vietnam and Switzerland imposed in December

  • Tuesday, 13 April, 2021
    Taiwan dollar drops with US set to apply currency manipulator tag

    Biden administration expected to add country to name-and-shame list despite strengthening ties

  • Friday, 22 January, 2021
    Renminbi
    China’s currency heads into Biden era on front foot

    Renminbi’s future strength depends on cooling of US trade tensions and health of dollar

  • Wednesday, 16 December, 2020
    US declares Switzerland and Vietnam currency manipulators

    Treasury move in final days of Trump administration will present dilemma for new president

  • Wednesday, 21 October, 2020
    Melvyn Krauss
    Change intra-EU trade to counter US currency aggression

    There is a way to protect the bloc from beggar-my-neighbour policies

  • Wednesday, 7 October, 2020
    Trade Secrets
    US probe into Vietnamese currency masks Trump’s real trade target Premium content

    Move appears to be attack on companies that insist on using low-cost Asian labour and manufacturing

  • Saturday, 3 October, 2020
    US launches currency manipulation inquiry against Vietnam

    Probe could result in tariffs being imposed on imports from Asian country

  • Thursday, 1 October, 2020
    ETF HubMansoor Mohi-uddin
    Renminbi strength foretells dollar’s decline

    Sharp rebound in China’s currency a clear warning the greenback is likely to weaken

  • Thursday, 16 January, 2020
    News in-depthEM Squared
    Asian states avoid currency manipulator tag after odd timing of US Treasury report Premium content

    Vietnam, Thailand and Taiwan cleared despite credible evidence to the contrary

  • Tuesday, 14 January, 2020
    US-China trade dispute
    US lifts China ‘currency manipulator’ tag ahead of trade deal

    Reversal of Trump’s controversial move last year ends major source of irritation for Beijing

  • Monday, 30 December, 2019
    News in-depthMarkets
    Aftershocks and fragility: 10 years in financial markets

    How the crisis of 2008 continued to reverberate through the following decade

  • Monday, 23 December, 2019
    News in-depthMarkets
    The big market moments of 2019

    The year was dominated by central bankers, politicians and companies with grand ideas

  • Thursday, 5 December, 2019
    FT SeriesEurope First: the race to compete
    Europe First: taking on the dominance of the US dollar

    EU leaders believe the euro needs to play a larger role in order to compete against the US and China

  • Tuesday, 3 December, 2019
    Markets InsightSteve Johnson
    The IMF supertanker may be changing course

    Policymakers seem to be warming to capital controls to avoid stagnation spreading

  • Thursday, 15 August, 2019
    Megan Greene
    This is a currency war Donald Trump was never going to win

    The US cannot unilaterally weaken the dollar

  • Tuesday, 13 August, 2019
    Liu Guoqiang
    Currency manipulation charges against China are unfounded

    Trade tensions with the US have inevitably put the renminbi under pressure

  • Monday, 12 August, 2019
    FT Swamp Notes
    Summer of fear

    The fallout from the US-China trade war could lead to an economic chill

  • Friday, 9 August, 2019
    FT CollectionsUS-China trade dispute
    Threat of a currency war

    China lets renminbi slide below Rmb7 to $1 and is called a currency manipulator by US

  • Friday, 9 August, 2019
    James Ferguson
    James Ferguson’s illustration of the week: Currency wars

    Renminbi’s fall stokes US ire

  • Friday, 9 August, 2019
    Eswar Prasad
    There will be no winners in a currency war   

    Devaluation may seem tempting, but it helps neither China nor the US 

  • Thursday, 8 August, 2019
    Capital markets
    Investors dump risky assets as trade war flares

    Junk bond and equity funds have suffered their biggest outflows of the year

  • Wednesday, 7 August, 2019
    China’s economy faces currency devaluation drag

    Political choices about value of renminbi tempered by consequences for growth

  • Tuesday, 6 August, 2019
    Unhedged
    Awaiting the next move Premium content

    Mike Mackenzie’s daily analysis of what’s moving global markets

Previous page You are on page 1 Next page

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on TwitterFT TransactSecondary Schools

Tools

PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

Community & Events

FT CommunityFT LiveFT ForumsFT Board DirectorBoard Director Programme

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2022. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Financial Times

International Edition

Subscribe for full access
  • Switch to UK Edition
  • Top sections
  • Home
  • World
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
  • US
    • US Economy
    • US Companies
    • US Politics & Policy
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
  • Markets
    • Alphaville
    • Markets Data
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
    • Cryptocurrencies
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
    • Next Act
  • How to Spend It
  • Special Reports
  • FT recommends
  • Lex
  • Alphaville
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • FTfm
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Community
    • FT Live
    • FT Forums
    • Board Director Programme
  • myFT
  • Portfolio
  • Today's Newspaper (ePaper)
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In