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Finance11 May 2026 at 07:08 am
$72 Billion: The Forex Logic Behind PM Modi's Appeal To Avoid Buying Gold
Quick Take
PM Modi's Appeal To Save Forex: Not buying gold for a year can directly reduce India's dollar outflow by tens of billions
Why It Matters
As the world's fastest-growing major economy, India's policy moves set the tone for emerging market capital flows and domestic consumption trends.