https://www.taxtmi.com/news?id=11073 Reserve levels are attributed principally to Reserve Bank intervention in the foreign exchange market to smoothen exchange rate volatility, valuation changes from US dollar movements against other currencies, and inflows such as aid receipts; concurrent financing of the import bill through export earnings, invisible receipts and capital flows supports reserve adequacy. en-us Fri, 26 Apr 2013 18:13:03 +0530 Fri, 26 Apr 2013 18:13:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11073 Reserve levels are attributed principally to Reserve Bank intervention in the foreign exchange market to smoothen exchange rate volatility, valuation changes from US dollar movements against other currencies, and inflows such as aid receipts; concurrent financing of the import bill through export earnings, invisible receipts and capital flows supports reserve adequacy. News - Fri, 26 Apr 2013 18:13:03 +0530 https://www.taxtmi.com/news?id=11073