Not lately. They’ve been propping it up. https://www.bloomberg.com/news/articles/2019-08-05/u-s-treasury-department-labels-china-a-currency-manipulator?srnd=pr

Not lately. They’ve been propping it up. https://www.bloomberg.com/news/articles/2019-08-05/u-s-treasury-department-labels-china-a-currency-manipulator?srnd=premium https://www.bloomberg.com/news/articles/2019-08-05/u-s-treas... Check the June quote from Mnuchin where he promises to do this if they stop propping their currency up.