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US Treasury Department

Trade & Currency

Neither of these apply to China at the moment. The sudden decision to label China a currency manipulator is yet another case of Trump according the short shrift to norms.

Rupee snaps 4-day losing streak; inches up 2 paise to 69.92 vs USD

"The rupee is under pressure as the trade tension escalated between US and China. Global markets are also under pressure hence the rupee is weakening. In coming sessions, volatility is expected to rise in the rupee as the date of election results approaches," said Rushabh Maru, Research Analyst - Currency and Commodity, Anand Rathi Shares and Stock Brokers.