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Gold reserves

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Forex reserves rises by $1.589 bn to $349.152 bnálast week

Feb 05, 2016

Forex reserves rises by $1.589 bn to $349.152 bnálast week

FCAs, a major component of overall reserves, increased by $1.584 billion to $326.631 billion in the reporting period #Reserve Bank of India #forex reserves #Gold reserves #Foreign currency assets
Forex reserves drops by $149.7 mn on strengthening dollar, foreign fund outflows

Nov 28, 2015

Forex reserves drops by $149.7 mn on strengthening dollar, foreign fund outflows

slight fall in the Forex reserves can be attributed to the dollar selling by Reserve Bank of India (RBI) to stabilise the rupee value #Dollar #RBI #Rupee #forex reserves #Gold reserves #US Fed rate hike #FPI outflows #FCAs
Sovereign Gold Bonds: Will Gold Reserve Fund end up as an elephant in the room?

Sep 09, 2015

Sovereign Gold Bonds: Will Gold Reserve Fund end up as an elephant in the room?

The raison detre of sovereign gold bonds is to make investment in physical gold unattractive but rural folks who invest in gold as much as their urban counterparts may not evince much interest in the scheme. #ConnectTheDots #GST Bill #Jan Dhan Yojana #Economy #sovereign gold bond #Gold Reserve Fund
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. #RBI #Duvvuri Subbarao #InMyOpinion #International Monetary Fund #Raghuram Rajan #Gold reserves #Economy
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 #foreign reserves #Gold reserves #India