currency manipulation
Devaluing money deliberately
Currency manipulation is government intervention to artificially alter a nation's exchange rate, typically by devaluing currency to make exports cheaper and imports more expensive.
Countries may buy foreign currencies or print money to weaken their own.
The term often appears in trade disputes, with accusations that a trading partner gains unfair advantage: China has long been accused of currency manipulation.
- trade imbalancesUnequal exchange between nations
- tariffsTaxes on imports
- exchange rateCurrency conversion value
- balance of paymentsNation's international transaction record
- competitiveDriven by rivalry
unfair advantage · sanctions · quantitative easing · printing money · forex · race to the bottom · import tariffs · monetary policy · sterilization · dumping · hot money · trade deficits · market volatility · dollar · trade war · yuan · treasury · trade agreements
- economic policymonetary policy, tax policy, fiscal discipline, fiscal stimulus, fiscal restraint
- globalizationglobalization, free trade, global village, global trade, multinationals
- Asian economyChina, Japan, South Korea, Taiwan, Hong Kong
- economic problemsmarket failure, recession, inflation, deflation, stagflation
- financial crimesbank fraud, wire fraud, securities fraud, tax fraud, insurance fraud
- geoeconomicseconomic coercion, economic leverage, trade wars, economic warfare, sanctions
currency manipulationfair trade practices
Equitable business conduct standards