Forex reserves drop $1.8 billion to $639 billion – The Times of India
MUMBAI: India's forex reserves dropped by $1.8 billion to $638.7 billion in the week ended Feb 28, Reserve Bank of India said on Friday. The overall forex kitty had jumped…
How RBI’s gold buying is helping shore up India’s foreign exchange reserves – Times of India
The RBI maintains that its gold reserves serve primarily to diversify its foreign currency assets portfolio. (AI image) The RBI's strategic gold buying has bolstered India’s foreign exchange reserves, offsetting…
India’s gold reserve hike to 855 metric tonnes despite global economic slowdown – Times of India
India’s overall gold reserves, managed by the Reserve Bank of India, stood at 854.73 metric tonnes as per the apex bank's latest half-yearly report on the country's foreign exchange reserves.The…
Gold shines! RBI adds $5.6 billion in gold reserves in April-June quarter; value of reserve gold up $3.8 billion – Times of India
India’s Forex Reserves: The Reserve Bank of India (RBI) saw a significant increase in its gold reserves during the April-June quarter, accounting for 69 percent of the total reserves pile-up.…