How RBI’s gold buying is helping shore up India’s foreign exchange reserves
Monday, 25 November 2024 The Reserve Bank of India has substantially increased its gold reserves, offsetting foreign investment outflows. This aligns with a global trend of central banks accumulating gold amidst geopolitical uncertainty. The RBI's gold purchases have contributed to a rise in overall foreign exchange reserves and are expected to continue.
The November 5th election is more than just politics—it could redefine the future of gold, silver, and even the Federal Reserve itself. With Goldman Sachs now forecasting $3300/oz for gold and..
India's foreign exchange reserves have decreased for the fifth consecutive week, now standing at $682.130 billion. This decline follows a record high last month,... IndiaTimes
Monday, 25 November 2024
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