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As on July 12, the foreign currency assets increased by $8.361 billion to $585.47 billion, according to RBI data. Image used for representation purpose only. | Photo Credit: Reuters Forex reserves jumped by $9.699 billion to an all-time high of $666.854 billion for the week ended on July 12, the Reserve Bank of India said…
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Gold biscuits are seen in this picture illustration taken inside a jewellery showroom in Mumbai. India has moved 100 metric tonnes of its gold stored in the U.K. to domestic vaults in FY24. | Photo Credit: Reuters India has moved 100 metric tonnes of its gold stored in the U.K. to domestic vaults in FY24,…
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India has moved 100 metric tonnes of its gold stored in the UK to RBI vaults. (Representational) Mumbai: India has moved 100 metric tonnes of its gold stored in the UK to domestic vaults in FY24, sources said today. This is one of the biggest movements of gold undertaken by the country since 1991, when…
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RBI bought 8.7 tonne of gold in January alone which is the highest in two years. (Representational) Mumbai: Reserve Bank Governor Shaktikanta Das today said India has been building up gold reserves as part of its forex deployment. “We are building up gold reserves that is a part of our reserve deployment,” Governor Das told…
Read More “As RBI Buys Several Tons Of Gold, Governor Says ‘India Building Gold Reserves’” »