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National net wealth, also known as national net worth, is the total sum of the value of a country's assets minus its liabilities. It refers to the total value of net wealth possessed by the residents of a state at a set point in time. [1]
The Reserve Bank of India, abbreviated as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. Owned by the Ministry of Finance, Government of India, it is responsible for the control, issue and maintaining supply of the Indian rupee. It also manages the country's main payment systems and ...
Bilateral debt is the money India owes to foreign governments. As on 31 March 2021, India had a total bilateral debt of $31.0 billion. Currency composition. India's external debt is held in multiple currencies, the largest of which is the United States dollar. As on 31 March 2020, 53.7% of the country's debt was held in U.S. dollars.
Open market operation. In macroeconomics, an open market operation ( OMO) is an activity by a central bank to exchange liquidity in its currency with a bank or a group of banks. The central bank can either transact government bonds and other financial assets in the open market or enter into a repo or secured lending transaction with a ...
On 1 November 2022, RBI used Digital Rupee to settle Indian government bonds in secondary market transactions worth ₹2.75 billion Indian rupees ($33.29 million). The Phase-1 of pilot project for e₹-R will start from 1 December 2022 in Mumbai, New Delhi, Bengaluru, and Bhubaneswar under State Bank of India, ICICI Bank, Yes Bank, and IDFC ...
OATs. BTFs - bills of up to 1 year maturities. BTANs - 1 to 6 year notes. Obligations assimilables du Trésor (OATs) - 7 to 50 year bonds. TEC10 OATs - floating rate bonds indexed on constant 10year maturity OAT yields. OATi - French inflation-indexed bonds. OAT€i - Eurozone inflation-indexed bonds. Agence France Trésor.
The foreign exchange market ( forex, FX (pronounced "fix"), or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.
The Economic Survey of India in 2014-15 stated India could target foreign exchange reserves of US$750 billion-US$1 Trillion. India's foreign exchange reserves are mainly composed of the United States Dollar in the forms of United States government bonds and institutional bonds. with nearly 7.34% of forex reserves in gold.