Economic Affairs: A currency war is on the cards

The US is likely to pay closer scrutiny to potential currency manipulation as interest rates fall around the world

Could the trade war morph into a currency war? Very possible.

Already on the Trump administration's radar, the issue of currency manipulation could soon start to loom even larger, now that the world's biggest central banks are adopting looser monetary policies.

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A version of this article appeared in the print edition of The Straits Times on July 17, 2019, with the headline 'A currency war is on the cards'. Subscribe