The United States Treasury Department announced on Thursday that no major American trading partner manipulated its currency to gain an unfair trade advantage in 2025. However, Thailand is among 10 leading trading partners that remain on a watchlist for enhanced monitoring of their foreign exchange practices.
The designation places these countries under closer scrutiny regarding their currency policies, even though the Treasury found no evidence of intentional manipulation during the period. The ongoing monitoring aims to track foreign exchange activities among key economies that maintain significant trade relationships with the United States.
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