The US Treasury and the Federal Reserve (Fed) will not conduct currency interventions in the near future to weaken the dollar, head of department Stephen Mnuchin said in an interview with Bloomberg.His words were a response to the ongoing talks about the imminent forced weakening of the dollar by the financial authorities of the United States. One of the reasons was President Donald Trump’s more frequent statements that the dollar is too overvalued and this hinders American exporters, making their products less competitive. On the contrary, he accused the Chinese authorities of deliberately weakening the renminbi in the context of the ongoing trade war. Trump called the actions of Beijing speculative.At the same time, Mnuchin did not rule out the possibility of future interventions. For this, according to him, the Ministry of Finance will have to coordinate its actions with the Fed, which will act as its agent in foreign exchange transactions.Now the regulator has on its balance sheet about $ 94 billion of free funds that it can spend on the purchase of foreign currency in order to weaken the dollar. The publication notes that this is a small amount against the background of the entire world currency market, the volume of daily transactions of which is estimated at five trillion dollars.The last time the Fed and the Ministry of Finance resorted to currency interventions in 2011. Then it was due to a sharp weakening of the Japanese yen after the Fukushima earthquake.