In optimistic news for New Delhi, the US Treasury Department on Wednesday claimed that it is considering the possibility of removing India from its currency monitoring list of major trading partners.
The department claimed that the Indian government had taken some measures to address its concerns.
In April this year, India, for the first time, was placed by the US in its currency monitoring list which tracks countries with questionable foreign exchange policies along with the following five countries: China, Germany, Japan, South Korea, and Switzerland.
The department claimed that the Indian government had taken some measures to address its concerns.
In April this year, India, for the first time, was placed by the US in its currency monitoring list which tracks countries with questionable foreign exchange policies along with the following five countries: China, Germany, Japan, South Korea, and Switzerland.
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