On June 30, 2020, Reserve Bank of India released its data on International Investment Position, IIP. Highlights According to the data, the direct investment in the country rose by 19 billion USD and the portfolio ..
Currency intervention: GK, General Studies and Current Affairs
The US has declared that China as a currency manipulator. The move could further fuel the ongoing trade war between the two countries. The US has alleged that China’s Central Bank is pushing for depreciation ..
Currency Exchange Rate Oversight Reform Act of 2011 Recently, the US Senate voted to advance a Bill pressuring China to prevent undervaluing its currency. The Senate voted in favour of the proposed Currency Exchange Rate ..