RBI is the sole authority for the issue of currency notes in India except one rupee coin, one rupee note and. Custodian of Foreign Exchange reserves Custodian of Foreign Exchange Reserve. and roles of central bank are Supply currency, act as custodian of banks’ reserves and control value of. Custodian Of Foreign Exchange Reserves Rbi Reserves of Foreign Exchange and Gold allow a nation to repay its foreign obligations debt while also continue to strengthen their. • Active Reserve. The Best Book For Forex Reserves with the RBI. There is centralization of the entire foreign exchange reserve of the country with the Reserve bank to avoid fluctuations in.
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As the custodian of the foreign exchange reserves, the RBI also sees to the investment and utilisation of foreign exchange reserves in the most. RBI is the custodian of foreign exchange reserves of India. RBI is the debt manager to the govt. The RBI is the custodian of the country’s foreign exchange reserves, id it is vested with the responsibility of managing the investment and.
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