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    HomeNewsOpinionThe US-China currency wars are in an unstable lull

    The US-China currency wars are in an unstable lull

    If Beijing returns to promoting export-led growth, tension over exchange rates may return

    Financial Times
    ©The Financial Times Limited 2020 Nov 16, 2023 / 12:50 PM IST
    All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
    The US-China currency wars are in an unstable lull

    The US currency’s trade-weighted rise of about 10 per cent over the past two years has essentially reflected traditional factors of better growth prospects and higher interest rates.

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