INSUBCONTINENT EXCLUSIVE:
INR Vs USD: As of June 2018, foreign currency reserves stood at $380 billion, the report said.
The
US has recently said that it may remove India from its currency monitoring list of trading partners
Praising the central bank as "exemplary" for declaring its forex market intervention, the US said that India has addressed some of its
US' currency monitoring list keeps a close watch on Washington's trading partners with potentially questionable foreign exchange policies
For the first time, India was placed in the currency monitoring list in April, reported news agency Press Trust of India (PTI)
The semi-annual report on Macroeconomic and Foreign Exchange Policies of Major Trading Partners was made by the US Treasury department
