# RBI exploring investment options for reserves, sources say - The Hindu

> The RBI is reportedly reviewing its foreign exchange reserve investments, including its first possible purchases of AAA-rated corporate bonds and more gold, while it continues to buy dollars. Reserves stood at a record $560.63 billion, and the central bank has been intervening heavily in the spot market to limit rupee appreciation.

- Date: 2020-11-03 · published 2020-11-03T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/50433-rbi-exploring-investment-options-for-reserves-sources-say-the-hindu
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Ongoing RBI dollar buying to hold the rupee down supports USD/INR, which keeps dollar-denominated feed import costs elevated in India.

## Read by commodity

- USDINR: bullish ▲

## Sources

- thehindu.com: https://www.thehindu.com/business/Economy/rbi-exploring-investment-options-for-reserves-sources-say/article33014400.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.