MOSCOW, May 12 (Bernama-Sputnik/RIA Novosti) -- India is rapidly repatriating significant gold reserves from overseas vaults, reported Sputnik/RIA Novosti quoting a report from The Economic Times newspaper.
It was cited from a report from the Reserve Bank of India.
About 77 per cent of the more than 880.52 tonnes of gold is now stored domestically, the report said on Monday.
In February, the World Gold Council said that the share of gold in India's national gold and foreign exchange reserves reached a peak of 17.2 per cent as of early February.
--BERNAMA-SPUTNIK/RIA NOVOSTI
BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.
Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial