How China and Currency Manipulation Affect You

Posted by | August 28, 2015 | Uncategorized | No Comments

By webadmin@aflcio.org (Monika Greenhow)

“Currency manipulation” is a term that describes the practice of a government intervening in foreign currency markets in order to change the value of its own currency to gain an advantage. For instance, a government can go into the foreign exchange market, flood it with its currency while buying up lots of foreign currency or foreign government debt.

Source: AFL-CIO

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