India's Forex Reserves at an All Time High

[Skull and Bones]

Hopefully oil prices will stabilize 45-60 USD range, then we can expect to rapidly accumulate foreign reserve in the coming few years. Hopefully we can maintain a significant part of our reserve in Rubles, as it is set to appreciate to former 45-50 rub/USD in coming years, hence increasing our asset valuation.

 

[Agent Smith]

Isnt indias major forex is in gold ??or is it dollar

we maintain ~80% of our forex reserves in US dollars and then rest in gold.