The Reserve Bank of India (RBI) manages the forex reserves on behalf of the Indian government
The Reserve Bank of India (RBI) manages the forex reserves on behalf of the Indian government
India's forex reserves are primarily composed of foreign currency assets (FCAs)
India's forex reserves are primarily composed of foreign currency assets (FCAs)
Gold is another important component of India's forex reserves
Gold is another important component of India's forex reserves
India also holds Special Drawing Rights (SDRs) with the International Monetary Fund (IMF).
India also holds Special Drawing Rights (SDRs) with the International Monetary Fund (IMF).
The level of India's forex reserves fluctuates over time
The level of India's forex reserves fluctuates over time
Forex reserves act as a buffer against external shocks
Forex reserves act as a buffer against external shocks
India's forex reserves are a source of confidence for foreign investors.
India's forex reserves are a source of confidence for foreign investors.
The RBI uses forex reserves to manage the exchange rate
The RBI uses forex reserves to manage the exchange rate
The adequacy of forex reserves is a matter of debate
The adequacy of forex reserves is a matter of debate
The RBI publishes data on India's forex reserves every week.
The RBI publishes data on India's forex reserves every week.