100 metric tonnes of RBI's gold reserve transferred from UK to India due to sufficient domestic storage capacity.

The Reserve Bank of India (RBI) has moved 100 metric tonnes of gold reserve from the UK to India due to sufficient domestic storage capacity, according to Governor Shaktikanta Das. This is one of the largest gold transfers in the country since 1991. Das clarified that there is no further significance to the move, as the RBI has been purchasing gold as a part of its reserves, and domestic storage capacity is adequate.

June 07, 2024
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