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Dec 16 2020, 10:13 PM December 16 2020, 9:32 PM December 16 2020, 10:13 PM The U.S. Treasury Department’s semi-annual report on the macroeconomic and foreign exchange policies of major trading partners has put India on the watchlist of countries being monitored for currency manipulation. This comes after the Indian central bank stepped up purchases of foreign currency as portfolio flows surged in the second half of the year. The U.S. Treasury Department’s semi-annual report on the macroeconomic and foreign exchange policies of major trading partners has put India on the watchlist of countries being monitored for currency manipulation. This comes after the Indian central bank stepped up purchases of foreign currency as portfolio flows surged in the second half of the year.

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