Currency row simmers as US delays long-awaited China report
A long-awaited report from the US Treasury on whether China manipulates its currency has been delayed in a move that will do little to ease foreign-exchange market tensions.
By Emma Rowley and Richard Blackden Published: 7:30AM BST 16 Oct 2010
The Treasury said that the report will be issued sometime after the summit of G20 leaders on November 11 in South Korea. A delay will allow countries to "take advantage of the opportunity provided by these important meetings," the Treasury claimed.<Oh Timmie Oh>