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Home / Tag Archives: how valuation effects impact forex reserves

Tag Archives: how valuation effects impact forex reserves

Fact Check: Did the RBI Sell USD 12 Billion Worth of Gold Reserves? The Truth Behind the Viral Rumor

June 3, 2026 Business News

Reserve Bank of India RBI headquarters building entrance in Mumbai representing official Indian financial regulation and national currency forex reserves.

New Delhi. Wednesday, 3 June 2026 A widespread claim circulating across social media platforms has sparked intense speculation, alleging that the Reserve Bank of India (RBI) quietly sold off approximately USD 12 billion worth of its gold reserves. Online posts frequently cited a misinterpretation of a recent financial report to …