CURRENT AFFAIRS

Detailed explanation-1: -Recently, the United States (US) placed 11 countries, including India in the Currency Practices Monitoring List (Currency Manipulators Watch List).

Detailed explanation-2: -China, Japan, South Korea, Germany, Malaysia, Singapore and Taiwan are currently on the list of currency monitoring list.

Detailed explanation-3: -India is among the few countries the US Department of Treasury removed from its Currency Monitoring List. The department announced the move in its biannual report to the US Congress. Other countries to be removed from the list include Mexico, Italy, Thailand, and Vietnam.