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We have come a long way since we had to ship out gold overnight in 1991 in the midst of a crisis: sanjeev sanyal

We have come a long way since we had to ship out gold overnight in 1991 in the midst of a crisis: sanjeev sanyal

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Indian economist Sanjeev Sanyal posted on social media and said, While no one was watching, RBI has shifted 100 tonnes of its gold reserves back to India from UK. Most countries keep their gold in the vaults of the Bank of England or some such location (and pay a fee for the privilege). India will now hold most of its gold in its own vaults. We have come a long way since we had to ship out gold overnight in 1991 in the midst of a crisis.

https://x.com/sanjeevsanyal/status/1796382125307969620?s=48

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