Latest RBI Monthly Bulletin News & Updates

New Delhi, June 3 (IANS) The Central government on Wednesday firmly rejected claims that the Reserve Bank of India (RBI) had sold a significant portion of its gold reserves to safeguard foreign currency assets amid tensions in West Asia, describing the assertion as “fake” and unsupported by official data. The clarification came in response to an analysis by Bloomberg Economics, which suggested that the RBI may have offloaded gold worth approximately $12 billion during a period of heightened geop…