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The RBI started purchasing gold in small quantities from December 2017 after a gap of eight years. In November 2009, it had bought 200 tonnes from the IMF.
09 Jul 2019 1:38 AM

The RBI started purchasing gold in small quantities from December 2017 after a gap of eight years.

Board approval will allow immediate disbursement of around USD 1 billion, with the remainder to be phased in over the period of the programme.
04 Jul 2019 10:32 AM

Approval will also unlock an additional USD 38 billion from Pakistan’s international partners over the programme period.

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