US to vet more trading partners for currency manipulation – Bloomberg

The US says it will examine more countries for currency manipulation while trimming South Korea and India from the watch-list, the Bloomberg conveyed on early Friday.

The news report said that the Trump administration will expand the number of countries it scrutinizes for currency manipulation in an upcoming report, people familiar with the matter said, after lowering the bar for foreign governments to come under scrutiny.

It was further detailed that Vietnam may be named a manipulator outright for artificially holding down the value of the dong, the people said, after meeting all three criteria the Treasury Department uses to test for currency interventions.