In its latest annual report, the central bank said that its agenda for 2021-22 was to "Continue to explore new asset classes, new jurisdictions/ markets for deployment of foreign currency assets (FCA) for portfolio diversification and in the process tap advice from external experts, if required"
source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-may-be-looking-at-changing-its-reserve-management-strategy/articleshow/87161875.cms
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