Categories: Business

US-Iran war impact: RBI likely sold $12 billion gold reserves to shield foreign currency assets, says report

To limit the impact of these external shocks, the government has stepped up measures aimed at reducing foreign exchange outflows and stabilising the economy. These steps include increases in fuel prices and a sharp rise in import duties on precious metals.

The News Vista

Leave a Comment
Share
Published by
The News Vista
2 months ago

Recent Posts

Jharkhand assembly gherao: Security stepped up with 750m curbs, barbed-wire barricades

44 minutes ago

Jannik Sinner withdraws from Cincinnati with injury, US Open return now in focus

Jannik Sinner has withdrawn from the Cincinnati Open due to a right knee injury. This…

49 minutes ago

Jewellery shop told to pay customer Rs 35k for failing to turn gold into bangles

A consumer commission ordered Kapoor Jewellers to return 32 grams of gold. The jewellers failed…

55 minutes ago

‘Not taking up the position’: Why Laxman turned down head coach job after Dravid

VVS Laxman has revealed why he turned down the India head coach role after Rahul…

1 hour ago

Sharad Pawar’s MPs to meet PM Modi; Cong asks them to delink women’s quota, delimitation

Post Content

2 hours ago

Stock market today: Where are NSE Nifty50 and BSE Sensex headed?

2 hours ago