 "foreign currency dollar")
The Reserve Bank of India (RBI) has been earning more from its foreign currency assets in recent years. Earnings touched 4.2 per cent on average from foreign currency assets in 2023-24. This was the highest in years and significantly more than the 2.8 per cent recorded in 2018-19.
Overall, the RBI has logged higher income, with a balance sheet size exceeding Rs 70 trillion as of 2023-24. Foreign currency asset earnings, which were more than twice the earnings from domestic sources, were the primary reason behind the boost in overall income in 2023-24.
While the RBI’s income rose
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