Search For "reserve asset"
Global central banks gold buying likely to continue in 2026, but at slower
Updated : 5 months ago IST
Gold as a reserve currency by global central banks may continue in 2026, the pace, however, may slow, driven by easing geopolitical risks, evolving monetary policy dynamics and potential shifts in the US dollar trajectory, according to a recent report by YES Bank Economics Research.
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Recent surge in gold demand highlights transformation in global financial
Updated : 7 months ago IST
The resurgence of gold as a principal reserve asset highlights a major transformation in the global financial system, according to a report by CareEdge Ratings.
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Over 72% growth in India's overseas financial assets was due to investment
Updated : 11 months, 1 week ago IST
India witnessed a strong increase in its overseas financial assets during the financial year 2024-25, mainly driven by higher overseas direct investments, currency and deposits, and reserve assets, according to the latest data released by the Reserve Bank of India (RBI).
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India's overseas assets increased more than its foreign liabilities in FY2
Updated : 1 year, 11 months ago IST
India's financial position with the rest of the world improved over the year. The country increased its overseas assets more than it increased its foreign liabilities, largely due to a rise in reserve assets, according to a data by Reserve Bank of India.
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Reserve assets rose by USD 34.8 bn, net claims of NRI decreased by USD 12.
Updated : 2 years, 2 months ago IST
According to Reserve Bank of India, this dip in net claims is primarily attributed to a substantial surge in Indian residents' overseas financial assets, amounting to USD 40.7 billion, outpacing the increase in foreign-owned assets within India, which stood at USD 28.5 billion.
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IMF reflects on 2023 economic trends: Climate change, trade and reserve as
Updated : 2 years, 5 months ago IST
IMF Posted on social media X, "2023 brought unprecedented challenges and tested the resilience of the global economy. From climate change to trade and reserve asset patterns, we look back on 2023 and learn more about key economic trends from last year. https://bit.ly/3RPwixA"
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Overseas financial assets of Indian residents declined by USD 43.9 bn duri
Updated : 3 years, 5 months ago IST
According to the report, net claims of non-residents on India increased by USD 34.3 billion during second quarter (Q2) of 2022-23 and stood at USD 389.6 billion in September 2022.
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