Tag: Gold reserves
Global central banks cut US T-bill exposure, increase gold reserves
Mumbai: Most countries with top gold reserves have reduced their dollar assets held in US Treasury bills since 2017, the first time Donald Trump took…
RBI seeks gold comfort over dollar assets
India’s central bank has lately preferred gold to dollar assets. The Reserve Bank of India (RBI) has been adding gold to its reserves since the…
India gold reserves top $100 billion on surging bullion prices, forex down| Business News
India’s gold reserves crossed the $100 billion mark for the first time, according to the Reserve Bank of India’s latest forex reserves data, buoyed by…
India’s forex reserves dip by $396 mn to $702.57 bn as on Sept 19
India’s foreign exchange reserves decreased by $396 million to $702.57 billion as on September 19, data released by the Reserve Bank of India (RBI) showed…
Forex reserves up $4.6 bn to $702.9 bn for week ending September 12
India’s foreign exchange reserves stood at $702.9 billion as on September 12, data released by the RBI on Friday showed. This is an increase of…
Gold on a hot run, central banks and RBI go slow on buys as geopolitics also weighs
Mumbai: Central banks have slowed their gold purchasing, reflecting a cautious approach as they navigate geopolitical uncertainties and elevated bullion prices. However, the long-term trend…