Role of government in foreign exchange bba
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The monetary functions, also known as the central banking functions of the RBI are related to control and regulation of money and credit, i.e., issue of currency, control of bank credit, control of foreign exchange operations, banker to the Government and to the money market.
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ʀᴏᴋᴇ ᴏғ ɢᴏᴠᴇʀɴᴍᴇɴᴛ ɪɴ ғᴏʀᴇɪɢɴ ᴇxᴄʜᴀɴɢᴇ
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