The US Department of Treasury removed India along with Italy, Mexico, Thailand and Vietnam from its Currency Monitoring List. China, Japan, Korea, Germany, Malaysia, Singapore, and Taiwan are the seven economies that are a part of the current monitoring list according to it’s biannual report of the Department of Treasury. The countries that have been removed from the list have met only one out of three criteria for two consecutive reports. United States Department of the Treasury Headquarters: Washington DC Secretary of the Treasury: Janet Yellen Currency Monitoring List- Putting a country under the Currency Monitoring List would mean that the country is artificially lowering the value of its currency to gain an unfair advantage over others. This is because the lower value of the currency will lead to a reduction of the export costs from that country. The US Department of Treasury releases a semi-annual report in which it tracks global economic developments and reviews foreign exchange rates. It also reviews the currency practices of the US’ 20 biggest trading partners.
Which of the following is not a type of order that can be placed in the Indian stock market?
State whether the following statements are true/false:
1 A fixed budget is prepared for only Range of activity.
2 A flexible budget is pre...
Which of the following instruments is not a part of money market?
Under the proposed framework for adoption of an expected loss-based approach for provisioning by banks in India, which of the following is NOT a key req...
In India, day count convention for Money Market is different from day count convention for Bond Market. The day count convention for Money market is _...
What does cash flow means in accounting parlance?
Which banks are NOT covered under these Reserve Bank of India (Interest Rate on Advances) Directions, 2016?
Which of the following statements about Mortgage are not true?
1. Under a mortgage, the legal ownership of the asset can be transferred to the le...
Which of the following contracts are not traded on exchanges?
What is a Credit Rating Agency (CRA)?