India’s holdings of US Treasury bill down! Gold finds favour in forex reserves; still among top 20 T-bills investors – The Times of India
Data reveals a decline in India’s US T-bill investments in June compared to the previous year, whilst its gold reserves increased during this period. (AI image) US Treasury bills seem to be losing favour, with the Reserve Bank of India (RBI) stepping up gold holdings to increase India’s foreign exchange reserves. India’s central bank has…
