The U.S. Treasury report on "Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States", which is submitted to the U.S. Congress. These report used to review partners currency practices of the U.S.’s 20 biggest trading partners. India is one of the 11 countries on the U.S. Treasury’s ‘Monitoring List’ with regard to their currency practices, according to the April 2021 edition of the semi-annual report. The other 10 countries on the list with India are China, Japan, Korea, Germany, Ireland, Italy, Malaysia, Singapore, Thailand, and Mexico.
Criteria to review Major Trading partners with U.S.
Three criteria are used to review partners: