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U.S. and Taiwan Commit to Currency Cooperation, Transparency

11/15/2025

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Summary

Story summary

The United States Department of the Treasury (U.S. Treasury) and the Central Bank of the Republic of China (Taiwan) announced on November 14, 2025, that they will consult on macroeconomic and foreign exchange matters.
They pledged not to manipulate currencies for competitive advantage.
Interventions in foreign exchange markets will occur only during excessive volatility.
Taiwan's central bank will move currency intervention disclosures from semi-annual to quarterly starting in 2026.

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Story summary

The United States Department of the Treasury (U.S. Treasury) and the Central Bank of the Republic of China (Taiwan) announced on November 14, 2025, that they will consult on macroeconomic and foreign exchange matters.
They pledged not to manipulate currencies for competitive advantage.
Interventions in foreign exchange markets will occur only during excessive volatility.
Taiwan's central bank will move currency intervention disclosures from semi-annual to quarterly starting in 2026.