RBI Gold Reserves: Unpacking the Truth Behind the $12 Billion Sale Rumors
Reports of the Reserve Bank of India (RBI) selling a substantial $12 billion in gold reserves have been emphatically denied by both the Finance Ministry and the central bank itself. These rumors, circulating widely, suggested a move to bolster India’s foreign exchange reserves amidst economic pressures. However, official data from the RBI’s latest Annual Report […]
