trade surplus Current Affairs, GK & News

US Treasury report: India placed on currency watch list

The United States recently released its report on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States. The report reviewed currency practices of the biggest trading partners of the US. About the report The three main criteria used by the report to review the trading partners of US are as follows: ..

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Currency Manipulator

The United States has again included India in its monitoring list of countries. These countries are with potential of “Currency Manipulation” and “Questionable Foreign Exchange Policies”. What is Currency Manipulator? The US Government names a country as currency manipulator if it believes that the country is engaging in unfair trade practices. According to the US, ..

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China imposes Visa restrictions on US individuals over Hong Kong

On June 29, 2020, China announced that it will impose Visa restrictions on US individuals who have “Egregious Conduct” related to Hong Kong issues. Highlights The United States had recently imposed sanctions against unnamed Chinese officials that US believe are responsible for curbing freedom in Hong Kong. What is the issue? The Parliament of China ..

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India removed from US’s Currency Watchlist

In a recent announcement by United States, it has removed India and Switzerland from the currency monitoring lists. The US has retained other countries like China, Japan and Germany in the list. Key Highlights Background: It was in May 2018 when for the first time India was placed by US in its currency monitoring list ..

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US takes India off Currency Watch List

The US government has removed India from its currency monitoring watchlist. The countries in the list will be closely monitored by the US for the potential questionable foreign exchange policies. Currency Watch List The US includes major trading partners in the monitoring list if they meet at least two of the following three criteria: If ..

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