MORE THAN HALF OF INDIA'S WEALTH WITH FOREIGNERS,SOME FROM 1991 AND 2009!
India's Gold Reserves As of March 31st 2019: 612 MT,with 320.26 tonnes being held overseas in safe custody[???!] with the Bank of England and the Bank for International Settlements, while the remaining gold is held domestically.
$257 Billion out of $ 407 in Foreign Currencies is in US Treasuries!
This shows the major portion of India's wealth is NOT used for India but the USA and the like.
India's Gold Reserves As of March 31st 2019: 612 MT,with 320.26 tonnes being held overseas in safe custody[???!] with the Bank of England and the Bank for International Settlements, while the remaining gold is held domestically.
$257 Billion out of $ 407 in Foreign Currencies is in US Treasuries!
This shows the major portion of India's wealth is NOT used for India but the USA and the like.
