India removed by US from 'currency monitoring list', China stays | What It Means

The United States’ Department of Treasury removed India from its Currency Monitoring List. Along with India, the United States also removed Italy, Mexico, Thailand and Vietnam from its Currency Monitoring List. India had been on the list for the last two years. China, Japan, Korea, Germany, Malaysia, Singapore, and Taiwan are the seven economies that are a part of the current Currency Monitoring List, the Department of Treasury said in its biannual report to the Congress.