Reserve Bank of India

2017 ◽  
Author(s):  
Errol D’Souza
Keyword(s):  
Monetary Policy ◽  
Foreign Exchange ◽  
Debt Management ◽  
Investment Fund ◽  
Foreign Exchange Reserves ◽  
Macroprudential Policy ◽  
Monetary Policy Committee ◽  
Reserve Bank ◽  
Set Up ◽  
National Investment

The RBI was set up to conduct monetary policy, manage public debt and foreign exchange reserves, act as the government’s banker, and support the development of markets and financial institutions. This chapter reviews how the institution has fared on these various dimensions. It begins by examining the appointment process for the Governor and the monetary policy committee. Next, it assesses the importance of an independent debt management agency and consistency between debt management and monetary policy. The connection between monetary policy and macroprudential policy is discussed next. Large foreign exchange reserves may be viewed by government at some time as a source for a national investment fund. This requires the RBI to engage with government and to define the objective of reserves management. The RBI’s actions to improve the resilience of financial markets and its involvement with social and distributional goals of directing credit towards priority activities are also evaluated.

MÜASİR ŞƏRAİTDƏ AZƏRBAYCANIN VALYUTA SİYASƏTİNİN TƏKMİLLƏŞDİRİLMƏSİ VƏZİFƏLƏRİ VƏ İSTİQAMƏTLƏRİ

2020 ◽  
Vol 54 (05) ◽  
pp. 122-125
Author(s):  
Kamil Sayavush Demirli ◽  
Keyword(s):  
Monetary Policy ◽  
Key Words ◽  
Foreign Exchange ◽  
Oil And Gas ◽  
Balance Of Payments ◽  
International Capital ◽  
Foreign Exchange Reserves ◽  
Commodity Trade ◽  
Transit Service ◽  
Gas Balance

Key words: monetary policy, commodity trade foreign exchange reserves, balance of payments, oil and gas, balance, transportation, transit service, international, capital, perspective

scholarly journals Evaluation of the Inflation Forecasting Process of the Reserve Bank of India: A Text Analysis Approach

2020 ◽  
Author(s):  
Amrendra Pandey ◽  
Jagadish Shettigar ◽  
Amarnath Bose
Keyword(s):  
Monetary Policy ◽  
Policy Framework ◽  
Quantitative Methodology ◽  
Inflation Forecasts ◽  
Inflation Forecasting ◽  
Monetary Policy Committee ◽  
Reserve Bank ◽  
Policy Statements ◽  
Economic Reality ◽  
Reserve Bank Of India

<div><div><div><p>This study is an attempt to evaluate and interpret the monetary policy statements (MPS) of the Reserve Bank of India (RBI) for the five year period since it started conducting monetary policy meetings every alter- nate month. An important contribution of this paper is the evaluation of the inflation forecasting path of the RBI using information from the state- ments. Both qualitative and quantitative methodology has been adopted to study and evaluate the MPS. It helps in understanding processes fol- lowed and information considered while making inflation forecasts. The results clearly indicate that though the RBI examined the high frequency economic indicators in their process of assessment and inflation forecast- ing, their inflation forecasts have been below the mark. Similarly, the monetary policy committee (MPC) could not predict the sharp disinfla- tion following demonetization on 8th November, 2016 resulting in higher real interest rate regime. This shows that the monetary policy governance under the new monetary policy framework of the RBI needs to be revisited to align it with the economic reality of India.</p></div></div></div>

scholarly journals Evaluation of the Inflation Forecasting Process of the Reserve Bank of India: A Text Analysis Approach

2020 ◽  
Author(s):  
Amrendra Pandey ◽  
Jagadish Shettigar ◽  
Amarnath Bose
Keyword(s):  
Monetary Policy ◽  
Policy Framework ◽  
Quantitative Methodology ◽  
Inflation Forecasts ◽  
Inflation Forecasting ◽  
Monetary Policy Committee ◽  
Reserve Bank ◽  
Policy Statements ◽  
Economic Reality ◽  
Reserve Bank Of India

<div><div><div><p>This study is an attempt to evaluate and interpret the monetary policy statements (MPS) of the Reserve Bank of India (RBI) for the five year period since it started conducting monetary policy meetings every alter- nate month. An important contribution of this paper is the evaluation of the inflation forecasting path of the RBI using information from the state- ments. Both qualitative and quantitative methodology has been adopted to study and evaluate the MPS. It helps in understanding processes fol- lowed and information considered while making inflation forecasts. The results clearly indicate that though the RBI examined the high frequency economic indicators in their process of assessment and inflation forecast- ing, their inflation forecasts have been below the mark. Similarly, the monetary policy committee (MPC) could not predict the sharp disinfla- tion following demonetization on 8th November, 2016 resulting in higher real interest rate regime. This shows that the monetary policy governance under the new monetary policy framework of the RBI needs to be revisited to align it with the economic reality of India.</p></div></div></div>

Gold and Foreign Exchange Reserves: History, Definition, Composition and Modern Functions

2015 ◽  
pp. 86-105 ◽  
Author(s):  
S. Narkevich
Keyword(s):  
Monetary Policy ◽  
Foreign Exchange ◽  
Balance Of Payments ◽  
Foreign Exchange Reserves ◽  
Oriented Growth ◽  
The World ◽  
Macroeconomic Stability

The article deals with the concept of gold and foreign exchange reserves and the role they play in the present-day economy. Recently the stock of foreign exchange reserves accumulated across the world has grown substantially. In many cases it was connected with the functions they play in the current monetary policy. Possibilities to use such reserves to counter balance of payments shocks or for achieving export-oriented growth make them an important macroeconomic stability tool.

scholarly journals Analysis on Growth of Foreign Exchange Reserves in India Since 1960-61 to 2017-18

2019 ◽  
Vol 8 (2) ◽  
pp. 69-73
Author(s):  
R. Rajanbabu ◽  
A. Srilaka
Keyword(s):  
Growth Rate ◽  
Foreign Exchange ◽  
Secondary Data ◽  
Foreign Exchange Reserves ◽  
Indian Economy ◽  
Adequate Level ◽  
Reserve Bank ◽  
Reserve Bank Of India

This paper is primarily concerned with an analysis of the growth and trends in the foreign exchange reserves of India. It is based on secondary data and the data reliable for analysis are collected from handbook of statistics on Indian economy and the website of Reserve Bank of India. The study covers the period of 58 years from 1960-1961 to 2017-18. The collected data have been used for analysis with the help of compound growth rate. The analysis of the data reveals that foreign exchange reserves have significantly changed over the years. All the indicators noticed notable growth rate during the period under review. From the overall analysis showed that India holds adequate level of foreign exchange reserves.

scholarly journals Pengaruh Produk Domestik Bruto, Ekspor Dan Kurs Terhadap Cadangan Devisa Di Indonesia

2020 ◽  
Vol 4 (2) ◽  
pp. 301-313
Author(s):  
Fuji Astuty
Keyword(s):  
Gross Domestic Product ◽  
Exchange Rates ◽  
Foreign Exchange ◽  
Time Series Data ◽  
Domestic Product ◽  
Series Data ◽  
Foreign Exchange Reserves ◽  
Federal Reserve Bank ◽  
Reserve Bank ◽  
Analysis Technique

This study aims to analyze the effect of gross domestic product, exports and exchange rate on foreign exchange reserves in Indonesia. This research is in the form of quantitative based on quantitative data and is associative to see the relationship between variables or more. The data used is time series data from 2001 to 2018 using Eviews 9.0. And sourced from Bank Indonesia, the Central Bureau of statistics and the Federal Reserve Bank of St. Louis. This research uses data analysis technique is multiple linear analysis. The results showed that the variables of gross domestic product, exports and exchange rates have a positive and significant effect on Indonesia’s foreign exchange reserve. The R-square value in this study is 95.36, indicating that 95,36% of the variation in foreign exchange reserves can be explained by the gross domestic product, exchange rates and exports, while the remaining 4.64% is explained by other variables outside of this research model

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