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Is there any policy to contain the losses and change the forex mix away from dollar holdings?

April 26, 2017away contain dollar forex holdings losses mix policy

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Is there any policy to contain the losses and change the forex mix away from dollar holdings?

1 Answer

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For forex reserves, we have an active management policy. We do not disclose the composition of the reserves, except with a lag. Obviously, our aim is to increase the returns. We have no concerns about management of forex reserves. The returns on our reserves are higher than most other economies.