Reserve Bank of India and RBI has an important role to play in regulating & managing this segment. RBI manages forex and gold reserves of the nation. On a given day, the foreign exchange rate reflects the demand for and supply of foreign exchange arising from trade and capital transactions. The RBI's Financial Markets Department (FMD) participates in the foreign exchange market by undertaking sales / purchases of foreign currency to ease volatility in periods of excess demand for/supply of foreign currency. Reserve bank of India is the sole body who is authorized to issue currency in India. The bank also destroys the same
Mumbai Central–Ahmedabad Double Decker Express Mumbai Central Double Decker Express (70.14 km/hr). Since Western Railways switched over to AC electrical power in February 2012, it has been hauled by a WAP 5 engine from the Vadodara shed. Mumbai Central–Ahmedabad Double Decker Express The 12931 / 12932 Mumbai Central Ahmedabad Double Decker Express is a Superfast express train belonging to Indian Railways that runs between Mumbai Central and Ahmedabad Junction in India. It runs once a day, 6 days a week. It operates as train number 12931 from Mumbai Central to Ahmedabad Junction and the train number 12932 in the reverse direction. On 20 March 2017,