Indian gold reserves value up 49 percent, China to boost holdings

摘要

The Reserve Bank of India's (RBI) gold reserves value have increased a whopping 49.19 per cent in the last one year, from 4.4 dollors to 6.6 dollors billion, as on the week ended August 19 according to some reports. However this was against a mere 6.5 percent increase when compared to the previous yea rwhen gold reserves increased from 4,123 dollors million to 4,395 dollors million. In the meanwhile total foreign exchange reserve has moved up only by 16.2 per cent from 142.6 dollors billion to 165.8 dollors billion during the same period.