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India’s central bank likely sold $12 billion gold reserve in just two weeks to support the rupee - BE report

CJPN24 AI Desk••2 min read
India’s central bank likely sold $12 billion gold reserve in just two weeks to support the rupee - BE report
India’s central bank likely sold $12 billion gold reserve in just two weeks to support the rupee - BE report
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(Kitco News) – The Reserve Bank of India likely sold $12 billion of its gold reserves and bought $7.5 billion in foreign currency assets during the two weeks ending May 22, according to a new report from Abhishek Gupta, senior India economist at Bloo..

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Source: KITCO

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