India has been exemplary in publishing its foreign exchange market intervention, the US Department of Treasury said in a report to Congress on Friday.
It said that like most emerging market currencies, the rupee was buffeted in 2020 by substantial swings in global risk appetite and associated shifts in capital flows.
India's goods trade surplus with the US was $24 billion in 2020, broadly in line with its average level since 2014. India also ran a $8 billion services trade surplus with the US in 2020, said the India section of the Treasury Department report that reviews developments in international economic and

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