China's vice finance minister denies any secret US-China exchange rate deal
By Sun Qizi and Pete Sweeney
Monday, March 21, 2016
China's vice finance minister said on Tuesday there was no secret agreement between the United States and China regarding adjustments to exchange rates.
The comment by Zhu Guangyao at a forum follows speculation in foreign exchange markets that finance ministers at the recent G20 summit in Shanghai may have reached a tacit understanding in which the United States agreed to allow the dollar to depreciate, relieving pressure on other currencies. ...
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