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Gold reserves

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Dr Rajan, it's time for the RBI itself to buy gold - as Subbarao did in 2009

Aug 11, 2015

Dr Rajan, it's time for the RBI itself to buy gold - as Subbarao did in 2009

The fall in global gold prices is an opportunity for the RBI to buy gold for its reserves. The same logic that applied in 2009, when it bought gold from the IMF, applies now. #Economy #RBI #Duvvuri Subbarao #InMyOpinion #International Monetary Fund #Raghuram Rajan #Gold reserves
Gold plunge: Is RBI a gainer or loser?

Apr 18, 2013

Gold plunge: Is RBI a gainer or loser?

With prices falling, central banks actually have an opportunity to buy into the yellow metal because holding the metal is part of a long-term strategy for diversifying currency reserves. #Gold #RBI #ToWhatEffect #yellow metal #Gold reserves
India's foreign reserves down by $93 mn

Dec 29, 2012

India's foreign reserves down by $93 mn

India's foreign exchange (forex) reserves went down by $92.8 million to $296.53 billion for the week ended Dec 21, data released by the Reserve Bank of India (RBI) showed. #Numbers #India #foreign reserves #Gold reserves