US addition of Malaysia, Singapore to ‘monitoring list’ over currency practices met with ridicule

The United States’ move on Wednesday to include Southeast Asian economic powerhouses Malaysia, Singapore and Vietnam on a list of countries it is scrutinising for unfair currency practices has been met with strong official pushback – as well as a healthy amount of ridicule from analysts.While nine countries – including China, and US treaty allies Japan, Germany and South Korea – were named on the latest list of countries requiring extra attention, none were identified as currency manipulators…