RbiSearchHeader

Press escape key to go back

Past Searches

Theme
Theme
Text Size
Text Size
S2

RbiAnnouncementWeb

RBI Announcements
RBI Announcements

External Investments and Operations Overview Banner

External Investments and Operations Secondary Navbar

External Investments and Operations Overview

About About

About

  • The Reserve Bank of India (RBI) is the custodian of the country’s foreign exchange reserves and is vested with the responsibility of managing their investment. The basic parameters of the Reserve Bank’s policies for foreign exchange reserves management are safety, liquidity and returns. The legal provisions governing management of foreign exchange reserves are laid down in the RBI Act, 1934. In brief, the law broadly permits the following investment categories: update scenario

    a) deposits with other central banks and the BIS;

    b) deposits with commercial banks overseas;

    c) debt instruments representing sovereign/sovereign-guaranteed liability with residual maturity for the debt papers not exceeding 10 years;

    d) other instruments / institutions as approved by the Central Board of the RBI in accordance with the provisions of the Act;

    e) Investment, sale, purchase and deposits in gold; and

    f) dealing in certain types of derivatives.
  •  
  • While safety and liquidity continue to be the twin-pillars of reserves management, return optimisation has become an embedded strategy within this framework. The Reserve Bank has framed policy guidelines stipulating stringent eligibility criteria for issuers, counterparties, and investments to be made with them to enhance the safety and liquidity of reserves. The Reserve Bank, in consultation with the Government, continuously reviews the reserves management strategies.
  •  
    • In the RBI, the work related to the reserves management is handled in the Department of External Investments and Operations (DEIO).

External Investments and Operations Key Topics

Key Topics

RBI External Investments and Operations Overview Accordion

Date : May 24, 2024

Item As on May 17, 2024 Variation Over
Week End-March 2024 Year
₹ Cr. Us$ Mn. ₹ Cr. Us$ Mn. ₹ Cr. Us$ Mn. ₹ Cr. Us$ Mn.
1 2 3 4 5 6 7 8
1 Total Reserves 5406444 648700 27530 4549 15188 2281 500982 55223
1.1 Foreign Currency Assets # 4742224 569009 18835 3361 -19621 -1941 403243 44065
1.2 Gold 476676 57195 9458 1244 37357 4521 103677 12069
1.3 SDRs 151419 18168 646 113 196 37 360 -107
1.4 Reserve Position in the IMF 36125 4327 -1409 -168 -2744 -335 -6297 -802
* Difference, if any, is due to rounding off.
# Excludes (a) SDR holdings of the Reserve Bank, as they are included under the SDR holdings; (b) investment in bonds issued by IIFC (UK); and (c) amounts lent under the SAARC and ACU currency swap arrangements.

Date : May 24, 2024

Item Outstanding as on Variation over
2024 Week Financial Year so far Year-on-Year
2023-24 2024-25* 2023 2024
Mar. 29 May 17 Amount % Amount % Amount % Amount % Amount %
1 2 3 4 5 6 7 8 9 10 11 12
Reserve Money 4682348 4685093 -1711 -0.04 73169 1.7 2745 0.1 316600 7.6 225165 5.0
1 Components (1.1+1.2+1.3)                        
1.1 Currency in Circulation 3515765 3584138 -6396 -0.18 99958 3.0 68373 1.9 252479 7.8 105659 3.0
1.2 Bankers' Deposits with RBI 1073846 1013560 5283 0.5 -17022 -1.8 -60286 -5.6 49955 5.8 100105 11.0
1.3 ‘Other’ Deposits with RBI 92737 87395 -598 -0.7 -9767 -12.6 -5342 -5.8 14166 26.3 19401 28.5
2 Sources (2.1+2.2+2.3+2.4-2.5)                        
2.1 Net RBI Credit to Government 1134602 1109883 12853   -167058   -24719   87743   -174185  
2.1.1 Net RBI Credit to Centre 1132345 1092302 6814   -178460   -40043   84053   -179615  
2.2 RBI Credit to Banks & Commercial Sector 64339 114632 -10714   54552   50293   271659   154523  
2.2.1 RBI's Net Claims on Banks 49882 103258 -10908   75238   53376   281071   149012  
2.3 Net Foreign Exchange Assets of RBI 5233764 5257703 28352 0.5 151204 3.3 23938 0.5 255126 5.7 519143 11.0
2.4 Government’s Currency Liabilities to the Public 33432 33632     196 0.6 200 0.6 2322 8.2 3151 10.3
2.5 Net Non-Monetary Liabilities of RBI 1783789 1830757 32202 1.8 -34275 -2.2 46968 2.6 300250 24.0 277467 17.9
*: With respect to March 29, 2024.

RBI-Install-RBI-Content-Global

Install the RBI mobile application and get quick access to the latest news!

Scan Your QR code to Install our app

RbiWasItHelpfulUtility

Page Last Updated on: January 18, 2023

Was this page helpful?