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Finance ministry denies reports of RBI selling $12 billion gold reserves

Finance ministry denies RBI sold $12 billion gold. Official data shows gold holdings rose in FY26 as India forex reserves remain strong at $691 billion.

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thehindubusinessline.comStai leggendo3 mesi fa

Finance ministry denies reports of RBI selling $12 billion gold reserves

India denied USD 12 billion RBI gold sale reports; gold holdings rose 0.94 metric tonnes to 880.52 in FY26, forex at USD 691.11 billion. Stable forex amid rupee pressure signals financial resilience, supporting tech-sector expansion and hiring decisions in India.

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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.
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…

Finance ministry denies reports of RBI selling $12 billion gold reserves

Confronto fonti

Finance ministry denies reports of RBI selling $12 billion gold reserves

Timeline cronologica

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

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

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