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4 countries are close to being named currency manipulators — but not China

Currency manipulation is something the Treasury Department pays close attention to.

  • President Donald Trump has often accused China of currency manipulation.
  • There are several other countries who nearly meet the US Treasury Department's definition of a currency manipulator.
  • The Treasury's next report detailing currency manipulation policies is expected to come out sometime this month.
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When it comes to talking about

Here's the criteria a country has to meet to be named a currency manipulator:

While India actually led a current account deficit, its foreign exchange purchases exceeded 2% of GDP.

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Meeting two out of three currency manipulation criteria puts Japan, South Korea, Thailand and India at risk of "rebuke by the US administration," according to TD Securities analysts.

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