Home Business 65% of RBI’s Total Gold Reserves Now Held in India

65% of RBI’s Total Gold Reserves Now Held in India

By
Business Editor - Nikhil Bhatt
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The Reserve Bank of India (RBI) has made a significant change in the management of the country’s gold reserves. Earlier, a large portion of India’s gold was stored with foreign banks, but now around 65% (576 tonnes) of the total 880 tonnes of gold reserves are held domestically. Four years

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