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Strong forex gains propel RBI’s FY23 income to 2.35 lakh crore

RBI’s foreign currency sales are a crucial source of income for the central bank as it generates a profit on these sales.

The forex gains were on record currency sales of $213 billion, more than twice what the central bank sold in fiscal 2022.(REUTERS)
Updated on May 31, 2023 05:04 AM IST
ByGopika Gopakumar
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