🇮🇳 India May Have Sold $12B in Gold Reserves!
According to Bloomberg Economics, the RBI likely sold $12 billion in gold and added $7.5 billion in foreign currency assets to defend the rupee amid rising oil prices and Middle East tensions.
⚡ Key Highlights:
🥇 Estimated $12B gold sale by RBI
💵 $7.5B added to forex reserves 📉 Rupee remains under pressure near record lows
🛢️ Higher oil prices increasing import costs
🏦 RBI prioritizing currency stability and liquidity
👀 If confirmed, this would be one of the most significant gold reserve adjustments in recent years.
PAXGUSDT
Trvl
4,298.99
+1.72%
XAGUSDT
Trvl
70.15
+2.90%
XAUUSDT
Trvl
4,310.3
+1.80%
#India #BinanceRollsOutTradingInUSStocks #BTCETHDropOver6PercentRWARises #StreamerClub #Write2Earn