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India Speeds up Repatriation of Gold Held Abroad
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— Bloomberg 65% — Record share of the Reserve Bank of India's gold reserves held in the country. This is double the amount held four years ago, Bloomberg reports. Since April this year, India has repatriated 64 tons of gold from abroad. The repatriation of gold reserves was prompted by tightened control over domestic assets after G7 countries froze Russian reserves in 2022 following the outbreak of the conflict in Ukraine. "The Reserve Bank of I…
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