rbi gold reserves Archives - 1M1B Changemakers

How RBI’s gold buying is helping shore up India’s foreign exchange reserves – Times of India

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Post published:November 25, 2024
Post category:Business
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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…

Gold shines! RBI adds .6 billion in gold reserves in April-June quarter; value of reserve gold up .8 billion – Times of India

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

Post author:1m1bchangemakers
Post published:July 9, 2024
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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.…

Why RBI is stocking up aggressively on gold reserves; central bank buys 1.5 times more gold in Jan-April than entire 2023 – Times of India

Post author:1m1bchangemakers
Post published:May 23, 2024
Post category:Business
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RBI stocks up gold reserves: From January to April 2024, the Reserve Bank of India (RBI) added 24 tonnes of gold to its reserves, a strategic move to hedge against…