Reserve bank of india foreign exchange rates
By: Gug Date of post: 27.05.2017
A rule of thumb usually followed by central banks is to at least hold an amount of foreign currency equivalent to three months of imports. Uber adds tip option. Thus, the quantity of foreign exchange reserves can change as a central bank implements monetary policy , [4] but this dynamic should be analyzed generally in the context of the level of capital mobility, the exchange rate regime and other factors...