{"id":73337,"date":"2020-12-17T11:38:18","date_gmt":"2020-12-17T06:08:18","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=73337"},"modified":"2020-12-18T11:43:48","modified_gmt":"2020-12-18T06:13:48","slug":"u-s-puts-india-on-currency-manipulators-monitoring-list","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/u-s-puts-india-on-currency-manipulators-monitoring-list\/","title":{"rendered":"U.S. puts India on \u2018currency manipulators\u2019 monitoring list"},"content":{"rendered":"<p>Source: <a href=\"https:\/\/www.india.com\/business\/us-puts-india-back-on-currency-manipulation-watchlist-heres-what-it-means-for-rupee-economy-4271902\/\">Click here<\/a><\/p>\n<p><strong>News:<\/strong>\u00a0The United States has added India along with Taiwan and Thailand to the \u2018monitoring list\u2019 of currency manipulating countries that includes major trading partners like China and six others.<\/p>\n<p><strong>Facts:<\/strong><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-18724\" src=\"https:\/\/i0.wp.com\/factly.forumias.com\/wp-content\/uploads\/2020\/12\/Currency-Manipulator-300x160.jpg?resize=457%2C244&#038;ssl=1\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" srcset=\"https:\/\/factly.forumias.com\/wp-content\/uploads\/2020\/12\/Currency-Manipulator-300x160.jpg 300w, https:\/\/factly.forumias.com\/wp-content\/uploads\/2020\/12\/Currency-Manipulator.jpg 750w\" alt=\"Currency Manipulator\" width=\"457\" height=\"244\" \/><\/p>\n<ul>\n<li><strong>Currency Manipulator:\u00a0<\/strong>The US Treasury department defines currency manipulation as when countries deliberately influence the exchange rate between their currency and the US dollar to gain unfair competitive advantage in international trade.<\/li>\n<li><strong>Criteria:\u00a0<\/strong>To be labeled a manipulator by the U.S. Treasury, countries must fall under below mentioned criteria.\n<ul>\n<li>Country should atleast have a $20 billion-plus bilateral trade surplus with the U.S.<\/li>\n<li>Foreign currency intervention exceeding 2% of gross domestic product and<\/li>\n<li>Global current account surplus exceeding 2% of GDP.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Implications:\u00a0<\/strong>Once a country is designated as a currency manipulator by the U.S., the next step taken by the US government is to seek negotiations with the government accused of manipulation<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Source: Click here News:\u00a0The United States has added India along with Taiwan and Thailand to the \u2018monitoring list\u2019 of currency manipulating countries that includes major trading partners like China and six others. Facts: Currency Manipulator:\u00a0The US Treasury department defines currency manipulation as when countries deliberately influence the exchange rate between their currency and the US&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/u-s-puts-india-on-currency-manipulators-monitoring-list\/\">Continue reading <span class=\"screen-reader-text\">U.S. puts India on \u2018currency manipulators\u2019 monitoring list<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[9],"tags":[1333],"class_list":["post-73337","post","type-post","status-publish","format-standard","hentry","category-public","tag-ir_0","entry"],"jetpack_featured_media_url":"","views":{"total":26,"cached_at":1612281315},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/73337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=73337"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/73337\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=73337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=73337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=73337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}