The Reserve Bank of India has today released the 20th half-yearly report on management of foreign exchange reserves with reference to March 2013.

It may be recalled that in February 2004, the Reserve Bank had commenced a process of compiling half yearly reports and placing them in the domain for bringing about more transparency and also for enhancing the level of disclosure.

Ajit Prasad

Press Relations Officer 'C'

Management of foreign exchange reserves: publication of a half yearly report to strengthen transparency and disclosure practices. Release of the half yearly report on the management of foreign exchange reserves confirms continuation of a disclosure practice initiated in February 2004 to enhance transparency in reserve administration; the publication is a regular public reporting mechanism emphasizing governance and disclosure of reserve management operations.