Which among the following country had recently retained India on a watchlist for currency manipulators?
A. US
B. UK
C. Germany
D. France
Explanation:
Union Commerce Secretary recently reported that India does not see any logic in the United States putting it on a monitoring list of currency manipulators. The US Treasury Department had recently retained India on a watchlist for currency manipulators submitted to the U.S. Congress, citing higher dollar purchases (close to 5% of the gross domestic product) by the Reserve Bank of India (RBI).
