India building up gold reserves, says Das

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Reserve Bank Governor Shaktikanta Das on Friday said India has been building up gold reserves as part of its forex deployment. Also read:RBI’s forex reserves build-up leads to a huge $64.182 billion accretion in FY24 so far “We are building up gold reserves that is a part of our reserve deployment,” Das told reporters at … Read more

India’s forex reserves rise by $140 million to hit fresh peak of $642.63 billion

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India’s forex reserves increased by $140 million to touch its all-time high of $642.631 billion during the week ended March 22, the Reserve Bank said. Also read:With RBI mopping up dollars, forex reserves at a new high of $642.49 billion This is the fifth consecutive week of a jump in the overall reserves. The kitty … Read more