The RBI is fortifying its forex reserves against weaponization by diversifying assets across currencies and jurisdictions, reducing reliance on the US dollar. With reserves constituting 74% of its Rs 76 lakh crore balance sheet, the central bank aims to insulate the Indian economy from external shocks. Simultaneously, the RBI promotes rupee-denominated trade and enhances data security with the upcoming IFS Cloud.
source https://timesofindia.indiatimes.com/business/india-business/rbi-looks-to-shield-forex-kitty-as-geopolitical-tensions-rise/articleshow/121498192.cms
