Forex reserves increase by $3.6 billion to record $545.63 ...

What does the RBI do with a huge Forex reserve ? Our foreign reserves are at an all time high of approximately 500 Billion dollars

First of all , let me make it clear I am a complete economic noob with 0 knowledge of it outside of a basic stuff
So , having got that out of the way , what does the Indian government do with a huge foreign reserve ? Does it invest it in stocks ?
Or are all the 500 billion dollars lying in a bank vault in RBI headquarters in Mumbai ?
What are uses of a Forex reserve?
Also, India's economy is around 3.2 trillion dollars in size . Does this economic size count the forex reserve or exclude it ? If tomorrow , the RBI suddenly decided to spend 400 billion dollars out of the 500 billion dollars in Indian economy , does this mean Indian economy suddenly becomes 3.6 billion dollars overnight?
If our Forex reserves are so huge , why is the rupee falling?
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@BloombergQuint: Forex reserves fall below $400 billion as the RBI continues to intervene in the forex markets. https://t.co/2rPOHq6vTe

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@BloombergQuint: India’s forex reserves fell to just above the $400 billion mark, according to RBI data. Read: https://t.co/Ein56Qpg9b https://t.co/HuGQ1yZHVN

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India forex reserves head for $400 billion as RBI defends rupee

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@BloombergQuint: India forex reserves fall further, shows RBI data. https://t.co/n0nCjVhFjm

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Swelling forex reserves could soon cost RBI in ways very few foresaw

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RBI adds 2.5 tonnes of gold to forex reserves in Q4

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Forex reserves jump by $2.7 billion to touch all-time high of $322.14 billion: RBI submitted by honhaar_gunda to indianews [link] [comments]

India's forex reserves all-time high of $493.48 billion USD  Wolf Alert Host Manish Chaudhary RBI increases investment in US Government Securities ... Why shall RBI hoard 500 billion forex - SEBI Grade A & RBI Grade B 2020 What is Foreign Exchange Reserve? India's Forex Reserve falls by $113 Million  Current Affairs 2020 Using reserves to stabilize currency  Foreign exchange ...

RBI to move to next generation treasury platform to manage forex, gold reserves RBI's Next Generation Treasury Application would support various transactions in asset classes like Fixed Income (FI ... Weekly Statistical Supplement WSS - Extract. 09 Oct 2020; Foreign Exchange Reserves: 8 kb: 848 kb: 02 Oct 2020; Foreign Exchange Reserves RBI to move to next generation treasury application for managing forex, gold reserves Oil ministry wants PSUs to build 50,000 houses for renting to migrant workers Neeti Mohan-Rahul Dua go #FullOn ... The country’s foreign exchange reserves rose by USD 3.618 billion to reach a life-time high of USD 545.638 billion in the week ended October 2, 2020, the RBI data showed. RBI to move to next generation treasury application for managing forex, gold reserves The NGTA, according to the RBI, would be a web-based application providing scalability, maneuverability and ...

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India's forex reserves all-time high of $493.48 billion USD Wolf Alert Host Manish Chaudhary

Foreign Reserves of India, Analysis of 4 big potential threats faced by Forex, Current Affairs 2018 ... RBI Grade B - Grade B is the most popular Job after IAS. ... India Japan $75 Billion ... According to the recent data from the Reserve Bank of India, India’s Foreign Exchange (Forex) reserves declined by $113 million to $479.45 billion in the week to 24 April, 2020 due to a fall in ... Forex in Balance sheet of RBI India’s Forex reserves Journey Sources of forex reserves Current account balance Difference between imports and exports of country India’s foreign exchange reserves are rising and are slated to hit the $500 billion mark soon. In the month of May, forex reserves jumped by $12.4 billion to an all-time high of $493.48 billion ... India's foreign exchange reserve at all time high, according to RBI, Click for PDF - https://drive.google.com/open?id=1JM9yn5-JYCTMNP1uvT0hpL-l7ST635Sl Join ...

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