article/opinion/columns/forex- reserves-rising-indin-economy- gdp-covid-19-impact-6484029/
- In the intro, briefly explain what foreign exchange reserve is.
- In the body, as the utility of the foreign exchange reserves you can mention the purposes of maintaining them- Like import cover, stabilising rupee, to foster the confidence of investors etc. On maintaining the optimum level, you can mention the issue of lost opportunity if this excess funds remain unused.
- Conclude by stating the need of arriving at the optimum level of reserves.