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The Reserve Bank of India increased gold reserves over US Treasury bills. This move aims to strengthen foreign exchange holdings. India's US T-bill investments decreased compared to last year. However, India remains a top investor, ahead of Saudi Arabia and Germany. This shift reflects a global trend of diversifying reserves beyond the dollar. China also reduced its US T-bill holdings.
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The government says the agreement will support thousands of jobs, including more than 2,000 in Scotland.
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The government says the agreement will support thousands of jobs, including more than 2,000 in Scotland.
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News and Media
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