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China, Vietnam sourcing could be hit as US finalises tariff rule on "currency manipulators"

2020-02-05 15:25:00| Daily apparel & textile news and comment - from just-style.com

Garment sourcing hotspots China and Vietnam could be subject to fresh duties as the US has finalised a rule to impose anti-subsidy duties on products from countries that it has determined undervalue their currencies against the dollar.

Tags: on china hit rule

 

US currency ruling could hit China and Vietnam

2020-02-05 15:25:00| Daily apparel & textile news and comment - from just-style.com

The US has finalised a rule that allows it to impose countervailing duties on products that benefit from countries it has determined undervalue their currencies against the dollar - including key garment producers China and Vietnam.

Tags: china hit currency vietnam

 
 

Currency Trends in Emerging Countries: January 2020 (Monthly Report)

2020-02-03 20:10:56| EmergingTextiles.com

The euro has fallen further in January, whereas the pound is expected to drop on post-Brexit uncertainties. By contrast, the US dollar could rise against emerging currencies, over rising uncertainties. Our monthly statistical report covers the past two years and displays a comprehensive view of currency values against the US dollar but also compared with the euro, the British pound, the Indian rupee, the Pak. Rupee, and the Chinese renminbi over the last three years.

Tags: report january monthly countries

 

Travelex: Bank currency services still offline after hack

2020-02-03 18:33:50| BBC News | Business | UK Edition

Lloyd and RBS are among many banks unable to offer online currency services.

Tags: services bank offline currency

 

China's designation as currency manipulator removed

2020-01-27 13:47:00| Daily apparel & textile news and comment - from just-style.com

China had its designation as a currency manipulator removed by the US just days before the two countries signed the 'Phase One' trade agreement.

Tags: removed currency designation chinas

 

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