Commerce Secretary Says No Reasoning In United States Putting India On Currency Watchlist

INSUBCONTINENT EXCLUSIVE:
to put India on a monitoring list of currency manipulators."I don't understand any economic logic (behind the decision)," Commerce Secretary
Anup Wadhawan told reporters on Tuesday.He informed that the RBI is following a policy that facilitates currency movements based on market
forces.The US Treasury Department had last week put India along with 10 other countries namely China, Japan, Germany and Singapore among
US had gone up by $5 billion during the financial year 2020-21.India's bilateral trade surplus in goods with the United States was worth $24
reviews currency practices on three criterion namely a major bilateral trade surplus (which should be at least $20 billion), a significant