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US ditches Indian currency money from monitoring list of trading

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India, China, United States, America, India currency rupee, Money, Dollar, Donald Trump, Currency monitoring, Macro Economic and Foreign Exchange, Business news

Washington: India has been removed from currency monitoring list of major trading by the US Treasury Department of Donald Trump administration because country has made improvements and developments.

India was placed for the first time by the US in its currency monitoring list of countries according to report in October 2018, the Treasury had said that India has made improvements and its name have been removed from the currency manipulation list in the next report.

Along with India other nation such as Switzerland has been removed by the US from its currency monitoring list which among others include China, Japan, South Korea, Germany, Italy, Ireland, Singapore, Malaysia and Vietnam.

 

India, China, United States, America, India currency rupee, Money, Dollar, Donald Trump, Currency monitoring, Macro Economic and Foreign Exchange, Business news

 

In latest semi-annual report on Macro Economic and Foreign Exchange policies of major trading partners of the US sent to the Congress the Treasury department said, “India has been removed from the monitoring list in this report, having met only one out of three criteria-a significant bilateral surplus with the US-for two consecutive reports.”

Further adding to this he said, “Neither Switzerland nor India met the criteria for having engaged in persistent, one-sided intervention in either the October 2018 report or this report. Both Switzerland and India have been removed from the monitoring list,” along it’s report running into over 40 pages.

 

US trumps Indian currency money from monitoring list of trading:

 

With new names on the list who added are Italy and Ireland from European Union (EU) and three Southeast Asian countries-Singapore, Malaysia and Vietnam.

The Department’s Currency which published report on May 28 says even 2 out of 3 measures for currency manipulation were tightened US again decided not to label China or any other country as a currency manipulator.

 

India, China, United States, America, India currency rupee, Money, Dollar, Donald Trump, Currency monitoring, Macro Economic and Foreign Exchange, Business news

 

In report Philip Wee, forex strategist at DBS Group Research said, “Washington’s restraint in not labeling China a currency manipulator was a relief.

Unfortunately, this would not be enough to offset the China-US trade tensions weighing on currencies.”

Meanwhile, Indian currency on Tuesday opened at 69.75 against the dollar, weaker than 69.6850 on close.

 

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Dairy of donkey milk will start for the first time in the India price of Rs 7000 a liter, Benefits of this.

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Donkey Milk Dairy You may have heard or heard of cow, buffalo, goat or camel milk, but for the first time in the country, dairy milk is also going to be opened and the best thing is that the milk of the body The immune system also plays an important role in healing. For the first time in the country, the National Horse Research Center (NRCE) is going to start dairy dairy of Halari breed in Hisar. For this, NRCE had already ordered 10 halari breed donkeys. Which are currently being breed.

Dairy work will be started soon after Breeding. The milk of the donkey of the Halari breed of Gujarat is considered a treasure of medicines. It is sold in the market for two thousand to seven thousand rupees a liter. This develops the ability to fight against diseases like cancer, obesity, allergies. It also makes beauty products, which are quite expensive. Assistance is also being sought from the scientists of NRCE, Hisar’s Central Buffalo Research Center and National Dairy Research Institute, Karnal for starting dairy.

Dr. Anuradha Bhardwaj, senior scientist of NRCE, who is working on this project, says that small children are sometimes allergic to cow or buffalo milk, but never to the milk of the halari breed. Its milk contains anti-oxidant, anti-aigenic elements which develop the ability to fight many serious diseases in the body. The research work on donkey milk was started by Dr. NRN, former director of NRCE, BN Tripathi. Dr. Yashpal, director of NRCE, said that this milk has a nominal fat.
Prior to dairy, Dr. Anuradha had worked to make beauty products from donkey milk. Her contrived technique has been purchased by the Kerala company some time ago and beauty products are being manufactured. Soaps, lip balms, body lotions are being prepared from donkey milk.
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