India Gold Share in Forex Reserves Rises to 16.7 Percent

The Reserve Bank of India reported that gold now accounts for 16.7 percent of total reserves. Over two-thirds of the 880.52 tonnes are now held domestically.

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洞察:

The Reserve Bank of India (RBI) increased Gold holdings to 16.7% of total reserves as of late March.

This share rose from 13.92% in late September, even as total foreign exchange reserves saw a slight decline.

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