From the Press Trust of India via The Times of India, Mumbai Friday, May 3, 2019
https://economictimes.indiatimes.com/news/eco...-gold-shifte...
The Reserve Bank of India said Friday no gold was shifted outside the country in 2014 or thereafter. The statement comes against the backdrop of reports in certain sections of the print and social media regarding the central bank shifting abroad a part of its gold holding in 2014.
It is a normal practice for central banks world over to keep their gold reserves overseas with central banks of other countries like Bank of England for safe custody, according to the statement.
The Congress Party had tweeted a report regarding shifting of 200 tonne of the RBI's gold to Switzerland in 2014.
"Did the Modi govt secretly transport 200 tonnes of RBI's gold to Switzerland in 2014?," the party had tweeted while tagging the report. * * *
