Lew tells Aso currency devaluation war should be avoided

Jul 23, 2016

Lew tells Aso currency devaluation war should be avoided

U.S. Treasury Secretary Jack Lew stressed the importance of avoiding competitive currency devaluations in a meeting with Finance Minister Taro Aso in Chengdu, China, on Saturday, according to U.S. Treasury officials. Lew drove home the point by calling attention to the Group of 20 ...

| Jul 20, 2016

Dollar advances to ¥106.30 in Tokyo

The dollar advanced to levels around ¥106.30 in Tokyo Wednesday following stronger than expected U.S. data, while a wait-and-see mood was spreading ahead of central bank meetings in Japan and the U.S. next week. At 5 p.m., the dollar stood at ¥106.33-34, up from ...