Showing posts with label India's Gold Reserves. Show all posts
Showing posts with label India's Gold Reserves. Show all posts
Thursday, March 23, 2023
India's Gold, MacKenna's Gold?
RBI's gold reserves rise further, up nearly 25 tonnes so far this year. 4 11 2022
The reserves had increased by 100 tonnes in the last two years; currently stand at 785.35 tonnes
447.30 metric tonnes of gold is held overseas in safe custody with the Bank of England and the Bank of International Settlements (BIS), while 296.48 metric tonnes of gold is held domestically, the RBI said.
https://www.business-standard.com/article/economy-policy/rbi-s-gold-reserves-continue-upward-trajectory-in-current-financial-year-122110401358_1.html
Thursday, May 23, 2019
India's Gold Reserves As of March 31st 2019: 612 MT
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.
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