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India is adding more gold to its rising foreign exchange kitty of $640 billion. The Reserve Bank of India (RBI) has acquired 75.59 tonnes of gold in the last 12 months, boosting the gold reserves of the country significantly.
Data from the Reserve Bank shows that the central bank held 743.84 metric tonnes of gold as of September 2021, more than 11 per cent compared to 668.25 tonnes of the yellow metal held in September 2020.
