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RBI may have sold gold to save foreign reserves, BE report shows

RBI likely sold $12 billion in gold reserves to protect foreign assets amidst rising pressures from oil prices and capital outflows.

Raccontata dathedailystar.netthehindubusinessline.comtimesofindia.indiatimes.com

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3 prospettive sulla stessa storia
AI · summaries
thehindubusinessline.comStai leggendo5 h fa

RBI may have sold gold to save foreign reserves, BE report shows

RBI sold $12B in gold to protect forex amid Middle East war, buying $7.5B in foreign currency. The shift toward liquid reserves signals rupee stress—raising costs for India's tech sector as outsourcing and cloud infrastructure become more expensive.

originale
timesofindia.indiatimes.com5 h fa

US-Iran war impact: RBI likely sold $12 billion gold reserves to shield foreign currency assets, says report

Amid the ongoing US-Iran conflict, the Reserve Bank of India may have sold some of its gold holdings to protect foreign exchange reserves from the economic fallout of the Middle East situation, according to a report.

Leggi questa versione → originale
thedailystar.net1 g fa

India's forex reserves fall to one-year low

India's foreign exchange reserves fell to $681.4 ​billion in the week ended May 22, from $688.89 billion ‌a week earlier

Leggi questa versione → originale

Timeline cronologica

  1. domenica 31 maggio 2026·thedailystar.net

    India's forex reserves fall to one-year low

    India's foreign exchange reserves fell to $681.4 ​billion in the week ended May 22, from $688.89 billion ‌a week earlier

  2. martedì 2 giugno 2026·thehindubusinessline.com

    RBI may have sold gold to save foreign reserves, BE report shows

    RBI likely sold $12 billion in gold reserves to protect foreign assets amidst rising pressures from oil prices and capital outflows.

  3. martedì 2 giugno 2026·timesofindia.indiatimes.com

    US-Iran war impact: RBI likely sold $12 billion gold reserves to shield foreign currency assets, says report

    Amid the ongoing US-Iran conflict, the Reserve Bank of India may have sold some of its gold holdings to protect foreign exchange reserves from the economic fallout of the Middle…