ilmscore | Prediction Details
"India had a very big amount of forex reserves in USD. So, if USD does bad, India's money actually goes away. Now, we have shifted to buying gold. I think this month we have shifted to buying gold."
By Finance With Sharan | September 20, 2025 | Correct
From video
Why Trump’s Tariffs Shook India’s Markets & How Modi Turned Russian Oil Into Profit | Shashank Udupa 00:15:22 - 00:15:33
Interpreted Prediction
India is shifting its foreign exchange reserves from USD to gold to mitigate risks associated with the dollar's performance.
AI Evaluation Notes
Recent reports indicate that India has been increasing its gold reserves as part of its forex strategy. While the exact shift from USD to gold is difficult to quantify, the general trend predicted appears to be in line with current data.

Prediction Details

Topic
India's Forex Reserves Strategy

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