The US Treasury on December 19th 2020 labelled India and other countries a “Currency Manipulator”. This comes at a time when Coronavirus pandemic skewed the trade flows and widened US trade deficit in favour of trading partners. What is the “Currency Manipulator Watchlist” ? What are the parameters? why did India get added to that list? This week’s Arthanomics’ post delves into the world of currency manipulation to answer those questions. us know your thoughts on the same in the comments.
Credits-Rishabh Sharma and Siddharth Mishra