Escalating prices of gold have contributed to the slowdown in gold purchases. (AI image) After aggressively buying gold in the last year, central banks around the world have now slowed…
RBI's gold holdings remain stable at 880 metric tonnes from end-March through end May this year. (AI image) The Reserve Bank of India (RBI) has maintained its current gold reserves…
Globally, central banks' collective gold holdings grew from 26,000 tonnes to 32,000 tonnes during the 15-year period ending 2024. (AI image) RBI has been on a gold buying spree, but…
The RBI's gold acquisitions align with the worldwide trend of central banks actively purchasing gold. (AI image) The Reserve Bank of India (RBI) acquired 57.5 tonnes of gold during FY25,…
India's foreign exchange reserves saw a significant jump of USD 15.267 billion, reaching a total of USD 653.966 billion during the week ending March 7, marking the largest increase in…
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…
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 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…
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.…