18 April, 2021
3 Min Read
The US treasury places India along with 10 other countries on its currency watch list.
What is Currency Manipulator:
Criteria: US places a country on Currency Watch List if it is meeting any two of the below three criteria. This includes:
Impact: The designation of a country as a currency manipulator does not immediately attract any penalties. However, it lowers the confidence about a country in the global financial markets.
Why was India included in the Currency watch list?
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