What is the US’ Currency Monitoring List and why was India removed

What is the US’ Currency Monitoring List and why was India removed

The report was released on the same day Secretary of the Treasury Janet Yellen met Finance Minister Nirmala Sitharaman in New Delhi. So, what is the United States’ Currency Monitoring List and why was India removed from it?

India out of US Treasury’s Currency Monitoring List; here's when a country is put under currency watch list

Along with India, other countries that were also removed from the List are Italy, Mexico, Thailand and Vietnam. The countries that have been removed from the list have met only one out of three criteria for two consecutive reports, the Department of Treasury said in its biannual report to the Congress.

US Department of Treasury removes India from its Currency Monitoring List

The US Department of Treasury, in its biannual report to the Congress, said that India, Italy, Mexico, Thailand and Vietnam have been removed from the list. ​The countries that have been removed from the list have met only one out of three criteria for two consecutive reports, it said.

US Treasury removes India from its Currency Monitoring List - The Free Media

The US Department of Treasury has removed India, along with Italy, Mexico, Vietnam, and Thailand, from its currency monitoring list.

US Treasury removes India from its Currency Monitoring List after two years

China, Japan, Korea, Germany, Malaysia, Singapore, and Taiwan are the seven economies that are a part of the current monitoring list, the Department of Treasury said in its biannual report to the Congress. Get more World News and Business News on Zee Business.

US drops Indian currency from Monitoring List; Here's why

US said India had met the criterion for removal from the list that monitors whether countries manipulate the rate of exchange between their currency and the US dollar