They had one yesterday amidst the market gyrations but none planned again for today.

Comments from a Ministry of Finance official. More:

  • Will continue to watch forex market, with a sense of urgency
  • The designation of China as a currency manipulator was unexpected

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Given that China does not meet the publicly announced criteria the US Treasury uses to designate forex manipulators it was a surprise, yeah.

You may all recall that labelling China a manipulator was a 'day one' promise from trump (his words). It took him 927 days to finally get Treasury to cave in to his demands.