RBI’s Annual Report 2020-21
On 27th May, 2021, the Reserve Bank of India released its Annual Report 2020-21.
Major Highlights
Value of Rupee
- The rupee gained by 3.5 per cent (based on USD/rupee closing rates as at end-March 2021 over end-March 2020) but underperformed vis-a-vis its Asian peers during 2020-21.
RBI Balance Sheet
- The size of the RBI balance sheet increased by 6.99 per cent from Rs 53,34,792 crore as on June 30, 2020 to Rs 57,07,669 crore as on March 31, 2021.
Foreign Exchange Transactions
- RBI’s gain from foreign exchange transactions rose from Rs 29,993 crore to Rs 50,629 crore in 2020-21.
- A ....
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