Question

What is the main source of foreign exchnge with rbi?

Answer 1

ndia's total foreign exchange (Forex) reserves stand at US$405.1434 billion with foreign exchange assets (FCA) component at US$380.0499 billion, gold reserves at US$21.1399 billion, SDRs (Special Drawing Rights with the IMF) of US$1.4796 billion and US$2.4740 billion reserve position in IMF in the week to July 20, 2018, as per Reserve Bank of India's (RBI) weekly statistical supplement published on July 27, 2018.[3] TheEconomic survey of India 2014-15 said India could target foreign exchange reserves of US$750 billion-US$1 trillion