The Reserve Bank of India increased gold reserves over US Treasury bills. This move aims to strengthen foreign exchange holdings. India's US T-bill investments decreased compared to last year. However, India remains a top investor, ahead of Saudi Arabia and Germany. This shift reflects a global trend of diversifying reserves beyond the dollar. China also reduced its US T-bill holdings.
from Economic Times https://ift.tt/g4HvcBD
from Economic Times https://ift.tt/g4HvcBD
India opts for golden hedge, cuts treasury-bill share in forex kitty
![India opts for golden hedge, cuts treasury-bill share in forex kitty]()
Reviewed by শ্রী শ্রী সত্যনারায়ণ নমঃ
on
September 01, 2025
Rating:
No comments: