No gold shifted outside India in 2014 or thereafter, says RBI refuting reports

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Mumbai: The Reserve Financial institution of India (RBI) on Friday mentioned no gold was shifted exterior the nation in 2014 or thereafter.

The assertion comes in opposition to the backdrop of stories in sure sections of the print and social media relating to the central financial institution shifting overseas part of its gold holding in 2014.

 No gold shifted outside India in 2014 or thereafter, says RBI refuting reports

Representational picture, Reuters.

It’s a regular apply for central banks world over to maintain their gold reserves abroad with central banks of different nations like Financial institution of England for protected custody, based on the assertion.

“It is further stated that no gold was shifted by the RBI from India to other countries in 2014 or thereafter. Thus the media reports cited above are factually incorrect,” the assertion mentioned.

The Congress get together had tweeted a report relating to shifting of 200 tonne of the RBI’s gold to Switzerland in 2014.

“Did the Modi govt secretly transport 200 tonnes of RBI’s gold to Switzerland in 2014?,” the get together had tweeted whereas tagging the report.

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