What is it? Foreign exchange reserves are foreign currency assets held by the central banks of countries. These assets include foreign currency assets, gold, special drawing rights (SDRs) and reserve position in the IMF. The main purpose of holding foreign …
What is it? Foreign Exchange Reserve indicates the reserves held by RBI in the form foreign currency assets, gold, SDR and reserve tranche. Components of foreign exchange reserve: Foreign Currency Assets: Currencies of foreign countries are held in foreign exchange …