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RBI steps up play in us treasuries, other securities
May 2, 2026
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Posted 2 hours ago by
In a strategic pivot, the Reserve Bank of India has cut down its deposits with other central banks and is now channeling more resources into US Treasury bills. This decision underscores a growing preference for assets that hold global liquidity, prompted by rising geopolitical tensions. Notably, India's foreign exchange reserves have also been strengthened through this transition.
Economic Times
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