Fact Check Internet Desk: The Central Government has denied reports of large-scale sale of gold by the Reserve Bank of India (RBI). Bloomberg refuted reports that the RBI had sold crude oil to preserve its foreign exchange reserves. The news of sale of Pasidi is completely false. To this extent, the PIB FactCheck department has put up a post on the platform.
Our energy import bill has increased greatly due to the West Asian crisis. Our equity is being sold by foreign investors and investments are being lost. Due to these reasons the demand for US dollars has increased. The result is that the value of the rupee is falling. Due to this our foreign exchange (Forex) reserves are falling. In this context, according to news agency Bloomberg, RBI has sold greenbacks worth $12 billion for its security.
ఓఎస్ యుగం ముగిసింది.. ఇది ‘ఏజెంట్స్’ శకం : సత్య నాదెళ్ల
The central government denied this news. While the share of gold in the foreign exchange reserves with the RBI was 13.92 percent in 2025, it has increased to 16.70 percent by March 31, 2026. According to RBI data, by May 22 this quantity had increased to 16.85 percent. RBI has said that it discloses details of physical gold in its monthly bulletin from time to time. It is clarified that there has been no change till this date. Therefore it is suggested not to believe in misinformation. RBI advises to visit the official website for official information.
