RBI rejects $12B gold sale claims while boosting forex reserves significantly. #GoldReserve #RBI #ForexReserves #FinancialMarkets
https://meyka.com/blog/gold-reserve-rbi-denies-12b-gold-sale-amid-7-5b-fx-buy-2606/
RBI rejects $12B gold sale claims while boosting forex reserves significantly. #GoldReserve #RBI #ForexReserves #FinancialMarkets
https://meyka.com/blog/gold-reserve-rbi-denies-12b-gold-sale-amid-7-5b-fx-buy-2606/
India's forex reserves have fallen by $70.3 billion in just 14 weeks.
How does the ongoing depletion in India’s foreign reserves compare to the past? How significant is the current erosion in the larger macroeconomic context? Today's Number Theory explores these in detail.
Read on HT app: https://www.hindustantimes.com/editors-pick/number-theory-70-billion-of-reserves-gone-in-14-weeks-101736825216408.html
If you don't have the app or is on PC, read the e-paper edition: https://epaper.hindustantimes.com/Home/ShareImage?Pictureid=14199ef7124
#MastIndia #India #RBI #ForexReserves #Economy #IndianEconomy @mastodonindians
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India's forex reserves surge by $3.7 billion, reaching a robust $641.6 billion.
RBI Governor Shaktikanta Das highlights this as a testament to the Indian economy's strength.
A significant financial milestone amid global economic fluctuations.