Gold reserves vs dollar assets: Why RBI is buying gold & reducing investments in US treasury securities - top points to know
India's central bank is strategically shifting its foreign exchange reserves, favoring gold over dollar-based assets. The RBI has significantly increased its gold holdings, now exceeding 880 tonnes, while simultaneously reducing its investments in US Treasury Securities to a seven-month low.
India's central bank is strategically shifting its foreign exchange reserves, favoring gold over dollar-based assets. The RBI has significantly increased its gold holdings, now exceeding 880 tonnes, while simultaneously reducing its investments in US Treasury Securities to a seven-month low. What's Your Reaction?
