Reserve Bank Of India: RBI bought 57.5 tonnes of gold in one year, what is its intention?
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1 Articles
Reserve Bank Of India: RBI bought 57.5 tonnes of gold in one year, what is its intention?
Reserve Bank Of India: The Reserve Bank of India (RBI) has taken the country's total gold reserves to 879.6 tonnes by buying 57.5 tonnes of gold so far at the beginning of the financial year 2024-25. This purchase is considered to be the second largest annual gold purchase in the last seven years. This move not only signals a change in India's economic strategy, but also shows the foresight to keep the Indian economy safe in the era of global in…
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