U.S. ONCE AGAIN PUTS INDIA ON THE CURRENCY MANIPULATION WATCHLIST

Highlights

• This moves came after continuous dollar purchases made by the Reserve Bank of India that resulted in its forex reserves going up by $100 billion in this financial year

• Recently the U.S. Treasury Department labeled Switzerland and Vietnam as currency manipulators and decided to keep China on a watch list

• The US Treasury had urged China to improve transparency in its currency manageme....