Banque de France shifted 129 tonnes of gold reserves from New York to Paris by selling older non-standard bars held at the Federal Reserve Bank of New York and buying new compliant bullion in Europe. The move upgraded reserve quality, brought holdings closer to home, and generated a financial gain.
Recent Posts
- Aman Gupta’s OffBeat Studios raises ₹100 Crore in seed funding led by Bessemer Venture Partners
- Air India CEO Campbell Wilson to serve six months’ notice — What we know about the airline’s succession plans
- Lodha Developers misses FY26 pre-sales guidance due to Iran war
- Air India revises fuel surcharge again amid Iran-US war — Check latest rates for domestic, international routes here
- Bajaj Finance sets board meeting date to declare Q4 results 2026, dividend for FY26. Details here