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Reserve Bank of India Cuts U.S. Treasuries to 5-Year Low, Increases Gold Holdings

India's central bank shifts away from U.S. government bonds and boosts gold reserves to support the rupee and diversify assets.

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Terms & Concepts
  • Reserve Bank of India (RBI): The central banking institution of India responsible for monetary policy, currency issuance, and financial regulation.
  • U.S. Treasuries: Debt securities issued by the U.S. Department of the Treasury to finance government spending.
  • Gold reserves: Holdings of gold by central banks used as a store of value and to bolster currency stability.