archiveIndia gold reserves

In a first-of-its-kind move, the Reserve Bank of India (RBI) has opened its hidden gold vault to public view, offering a rare glimpse into the heart of the nation's financial strength. This secretive treasure trove has been featured in the new documentary series ‘RBI Unlocked: Beyond the Rupee,’ streaming on Jio Hotstar. This five-part documentary aims to lift the veil on the RBI’s critical functions, giving citizens an unprecedented inside look at India’s central bank on its 90th anniversary.Crores in Every Brick: What’s Inside RBI’s Gold Vault?The documentary shows gold bricks...

India's forex reserves increased $1.983 billion to $688.129 billion during the week ended April 25, the RBI said on Friday.This is the eighth consecutive week of a rise in the kitty, which had jumped $8.31 billion to $686.145 in the previous reporting week. The forex reserves had touched an all-time high of $704.885 billion in end-September 2024. For the week ended April 25, foreign currency assets, a major component of the reserves, increased $2.168 billion to $580.663 billion, the data released on Friday showed.Expressed in dollar terms, the foreign currency...