India offloads US bonds, piles up gold in pivot away from dollar assets
koolhead17 Saturday, January 24, 2026
Summary
India is reducing its holdings of US Treasury bonds and increasing its gold reserves, signaling a shift away from reliance on the US dollar as a reserve currency. This move is seen as part of India's broader strategy to diversify its foreign exchange reserves and reduce its exposure to the volatility of the US dollar.
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hindustantimes.com