how is the amount of gold reserves held by the RBI is related to the amount of currency to be printed?
vivek ananda (student) (173 Points)
18 November 2009how is the amount of gold reserves held by the RBI is related to the amount of currency to be printed?
CA Devanshi Gandhi (Ajani)
(FCA DISA Mcom CIFRS & LLB)
(9060 Points)
Replied 18 November 2009
now its not related, it was related under bretton wood system...