🇮🇳 INDIA MAY HAVE SOLD $12 BILLION IN GOLD RESERVES The Reserve Bank of India likely sold $12B gold while buying $7.5B of foreign-currency assets, per Bloomberg citing public data. The move comes as higher oil prices and capital outflows put pressure on India's rupee. https://t.co/sUkPQYHCAA

🇮🇳 INDIA MAY HAVE SOLD $12 BILLION IN GOLD RESERVES

The Reserve Bank of India likely sold $12B gold while buying $7.5B of foreign-currency assets, per Bloomberg citing public data.

The move comes as higher oil prices and capital outflows put pressure on India's rupee. https://t.co/sUkPQYHCAA

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