RBI sold net $8.9 billion in April, gold holdings unchanged (opens original article in a new tab)

The Reserve Bank of India sold $8.94 billion in April to support the rupee, while gold holdings remained unchanged. India's foreign exchange reserves declined to a one-year low of $671.6 billion.

• RBI sold $8.94 billion in April to support the rupee
• Gold holdings remained at 880.52 metric tonnes but declined in value
• India's foreign exchange reserves fell to $671.6 billion