Search results
Results from the WOW.Com Content Network
As of November 2024, India's foreign exchange reserves stand at approximately $682.13 billion. This figure can fluctuate based on various factors such as trade balances, capital flows, and the Reserve Bank of India's (RBI) interventions in the forex market. During pre-1991 Era, India faced significant balance of payments crises, leading to low ...
The foreign exchange reserves of India are holdings of cash, bank deposits, bonds, and other financial assets denominated in currencies other than India's national currency, the Indian rupee. The foreign-exchange reserves are managed by the Reserve Bank of India (RBI) for the Indian government, and the main component is foreign currency assets.
Reserve Bank of India, abbreviated as RBI, is the central bank of India, and regulatory body responsible for regulation of the Indian banking system and Indian currency. Owned by the Ministry of Finance , Government of India , it is responsible for the control, issue, and maintenance of the supply of the Indian rupee.
To change this template's initial visibility, the |state= parameter may be used: {{Reserve Bank of India | state = collapsed}} will show the template collapsed, i.e. hidden apart from its title bar. {{Reserve Bank of India | state = expanded}} will show the template expanded, i.e. fully visible.
Sir C. D. Deshmukh was the first Indian to serve as the governor. Sir Benegal Rama Rau was the longest serving governor. I. G. Patel, the fourteenth governor Manmohan Singh, the fifteenth governor, later served as the thirteenth prime minister of India Raghuram Rajan, the twenty-third governor Shaktikanta Das, the twenty-fifth governor Sanjay Malhotra, the twenty-sixth and the incumbent governor
The Reserve Bank of India Act, 1934 (RBI Act) was amended by the Finance Act, 2016, to provide a statutory and institutionalised framework for a Monetary Policy Committee, for maintaining price stability, while keeping in mind the objective of growth. The Monetary Policy Committee is entrusted with the task of fixing the benchmark policy rate ...
The table uses data from respective national government statistical agencies, Eurostat, or IMF. Though many do, a large portion of nations do not report data to the IMF . Disclaimer: Note that parallel reports from government or international agencies may report vastly different data.
Template to convert other currencies into Euro, ECU, or EUA, by year, based on information from the International Monetary Fund Template parameters [Edit template data] Parameter Description Type Status amount 1 value in foreign currency to convert to EUR Example 22816 Number required country code 2 country ISO 3166-1 alpha-3 country code Example FRA Line required year year Year to convert ...