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Mnuchin urges 'frank and candid' currency analysis www.nhk.or.jp
The US Treasury Secretary has urged the International Monetary Fund to conduct a "frank and candid" analysis of the foreign-exchange policies of IMF member states.
Steven Mnuchin was speaking with IMF Managing Director Christine Lagarde on the phone on Tuesday.
He's apparently aiming to keep in check what he sees as attempts by other countries to devalue their currencies.
Mnuchin also talked about what he called "the importance the administration places on boosting economic growth and jobs in the United States."
The US President has been accusing countries of currency manipulation to give their exporters an advantage.
President Donald Trump said on Saturday his administration is starting to prevent currency manipulation by other countries. He said the practice is hurting American companies and workers, and that it must end.
Published Date:2017-02-22
