BENGALURU, May 31 (Reuters) - India's central bank has moved a little more than 100 metric tons of gold from the UK to its domestic vaults, the Times of India newspaper reported, opens new tab on Friday, citing sources.
A similar quantity of the precious metal might be coming to the country in the coming months, the report said, adding that the move was for logistical reasons and diversified storage.
The Reserve Bank of India held 822.10 tons of gold at March-end, of which 408.31 tons were held domestically.
India a member of the brics alliance , has been known to sit on the fence in disputes , border with Russia and China ( disputed )
adding to the dark clouds circling ( let’s hope not )
BENGALURU, May 31 (Reuters) - India's central bank has moved a...
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