Primary responsibility for foreign exchange policy in the United States rests with ________.

Question

Quizplus · Accepted Answer

The primary responsibility for foreign exchange policy in the United States rests with the U.S Treasury. The Treasury Department, through the Office of International Affairs, develops and implements policy regarding foreign exchange markets and international financial institutions. While the Federal Reserve System plays a role in foreign exchange policy, it is not the primary responsibility.

Primary Responsibility for Foreign Exchange Policy in the United States