RBI plans to swap old gold in Nagpur vault with purer variety

Old isn’t always gold — at least, not for the Reserve Bank of India (RBI). There is a plan to swap some of the old gold lying in RBI’s Nagpur vault since pre-Independence times — and whose quality is not exactly top grade — with purer gold. The country’s monetary authority has sounded out large l…

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RBI plans to swap old gold in Nagpur vault with purer variety