RBI's gold holdings touch 800 tonne
Financial Express Mumbai|October 30, 2023
THE RESERVE BANK of India's (RBI's) gold holdings, part of its foreign exchange reserves, have reached the near 800-tonne level.
- RAJESH BHAYANI
RBI's gold holdings touch 800 tonne

The landmark comes at a time when the first tranche of sovereign gold bonds (SGBS) issued in 2015 is slated for redemption in November.

Though the central bank has not said anything to this effect, experts think some recent purchases may have been made as a hedge to its exposure to SGBs.

The RBI started buying gold from calendar year 2018. Before that, it had purchased 200 tonne in 2009 during the global financial crisis. Since 2018, it has added nearly 242 tonne of gold.

This year till August, the RBI has added 12.2 tonne of gold.

この蚘事は Financial Express Mumbai の October 30, 2023 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Financial Express Mumbai の October 30, 2023 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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