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Current Affairs - 2019
This country has officially labeled China a "currency manipulator".
A)
United States
B)
India
C)
Israel
D)
Malaysia

Correct Answer : Option (A) - United States


The United States has officially labeled China a "currency manipulator". The US has accused China of using yuan to gain "unfair competitive advantage" in trade. The US took the action as Beijing has allowed its yuan to fall below the politically sensitive level of "seven" to the U.S. dollar for the first time in 11 years.

Published On : July 13, 2021
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