# RBI's forex operations risk India being tagged currency manipulator: report

> An Edelweiss report says the RBI's sustained forex interventions have brought India close to the US Treasury's currency manipulation watchlist. The next Treasury report is expected in October. The report cites the RBI's forward market operations and surplus liquidity.

- Date: 2017-08-24 · published 2017-08-24T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/69738-rbi-s-forex-operations-risk-india-being-tagged-currency-manipulator-report
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Possible US action against India over currency practices could affect bilateral trade and India's import demand for US farm goods. The story is mainly about currency policy rather than a direct commodity price driver.

## Read by commodity

- USDINR: neutral

## Sources

- livemint.com: https://www.livemint.com/Industry/PSFlOaNahZBEKdRheROQgM/RBIs-forex-operations-risk-India-being-tagged-currency-mani.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.