🚨🚨🚨*Interesting fact!* As you know, RBI maintain Forex Reserves. They had roughly $650 bn dollars. Recently, *they have SOLD a lot of dollars to support rupee.*📉💰🔴🔻 Interestingly, Reserve Bank of India (RBI) *earns profits from selling dollars*🚀🧐 when the exchange rate at the time of sale is higher than the average cost at which it had purchased those dollars. *For example, if the RBI bought dollars at an average rate of Rs 78 per dollar and sells them at Rs 83 per dollar, it makes a profit of Rs 5 per dollar sold* And if RBI earns, they give dividends to the govt of India. ps: *RBI paid record dividend of ₹2.11 lakh crore to the Government of India* for the financial year 2023-24. So, govt ko iss saal bhi khoob dividend mil jaayega:))