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The Nexus
BUSINESSJun 2 · 06:12 UTCBLOOMBERGPreeti Soni

RBI May Have Sold Gold to Save FX Reserves, BE Analysis Shows

The Reserve Bank of India (RBI) may have sold gold to preserve foreign exchange (FX) reserves, according to a Balance of Payments and Exchange (BE) analysis. The analysis suggests this action was taken to manage FX reserve levels.

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Reserve Bank of Indiaorganizationgoldtopicforeign exchange reservestopicBalance of Payments and Exchange analysistopic
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