The IMF’s reserve metric tends to overstate the reserve needs of current account surplus countries with little external debt, and understates the reserve needs of current account deficit countries with lots of external debt.
The role of the Federal Reserve has transformed in the past decade, as it has deployed trillions of dollars to boost the U.S. economy while expanding its regulatory oversight of the nation’s financial system.
The Treasury's April foreign exchange report should be interesting.
Thailand hasn't been included in past foreign exchange reports. Yet it is likely to meet all three of the criteria set out in the Bennet Amendment for a finding of "manipulation."
Last month, policymakers at the Annual Meetings of the International Monetary Fund and the World Bank Group expressed cautious optimism about the state of the international economy and predicted continued growth around the world.