India's holdings of US Treasury bill down! Gold finds favour in forex reserves; still among top 20 T-bills investors
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India is increasingly favoring gold over US Treasury bills to bolster its foreign exchange reserves, mirroring a global trend of diversifying away from dollar-denominated assets. While India's US T-bill holdings decreased to $227 billion in June 2025, its gold reserves rose significantly to 879.98 metric tonnes. What's Your Reaction?
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