# US brands Switzerland a ‘currency manipulator’ - Central Banking

> The U.S. Treasury designated Switzerland a currency manipulator and accused Vietnam of managing its exchange rate for an unfair competitive advantage. The action followed the Treasury's exchange-rate report issued in the final days of the Trump administration.

- Date: 2020-12-16 · published 2020-12-16T12:00:00.000Z
- Category: policy · region Switzerland · magnitude low
- Page: https://feedsoft.ai/events/49957-us-brands-switzerland-a-currency-manipulator-central-banking
- Commodities: [Vietnamese Dong (VND per USD)](https://feedsoft.ai/c/USDVND.md)

## Why it matters

The designation is a policy signal that may lead to bilateral negotiations and does not directly move feed commodity prices.

## Sources

- centralbanking.com: https://www.centralbanking.com/central-banks/monetary-policy/international/7724501/us-brands-switzerland-a-currency-manipulator

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.