*_📌 Measures to Strengthen the Rupee_* *💡 Mnemonic: "RESTORE" → Efforts to RESTORE the Rupee !!* > *⏲️ Monetary Policy Measures* *✅ R → Reserves Utilization –* RBI sells forex reserves to balance demand-supply *✅ E → Enhancing Interest Rates –* Raising repo rates attracts foreign investments. *✅ S → Swap Agreements –* Bilateral currency swaps reduce dollar dependency. > *⏲️ Fiscal Policy Measures* *✅ T → Tackling Import Dependency –* Boosting local production of essential imports. *✅ O → Optimizing Exports –* Incentives/subsidies to improve trade balance. *✅ R → Robust Infrastructure –* Lowering production costs enhances competitiveness. *✅ E → Encouraging Foreign Investments –* Policies to attract stable FDI *_Hit 👍🏻❤️ To Appreciate Our Consistent Efforts_*