IndiaIndia's holdings of U.S. Treasury securities have declined to nearly a six-year low of $181 billion in April 2025, according to U.S. Federal Reserve data. This marks a significant reduction from $232 billion a year earlier, reflecting a shift in the Reserve Bank of India's (RBI) strategy toward diversifying foreign exchange reserves. While the decline in U.S. Treasury holdings has been partially offset by an increase in gold reserves—now standing at 881 metric tonnes ($102.5 billion)—the move underscores a broader trend of central banks globally adjusting their reserve strategies. The RBI's reduced reliance on U.S. Treasuries aligns with efforts to reduce exposure to foreign currency assets, particularly amid geopolitical uncertainties. Experts note that gold serves as a strategic reserve with limited counterparty risk, though it is not typically used for routine monetary management. Other central banks, including those in Poland, China, and Turkey, have also increased gold holdings, while some nations continue to prioritize U.S. Treasury securities.
Bias read (Center): The article presents a factual update on India's foreign exchange reserve strategy without overtly favoring either pro-US Treasury or pro-gold positions. It provides balanced context by mentioning both the decline in U.S. holdings and the corresponding rise in gold reserves, along with global trends
Why these scores (Factual 85 · Objective 80): Factuality is high as the article cites US Federal Reserve data and mentions specific figures like $181 billion and references RBI data. It aligns with cross-source consensus on the decline in US Treasury holdings and increase in gold. Objectivity is slightly lower due to the inclusion of quotes fro
