NEW DELHI (Reuters) - Any decision on whether India would buy more gold from the International Monetary Fund (IMF) would be taken by the Reserve Bank of India (RBI), a finance ministry official said on Thursday.
"RBI is an independent body. Government allows it to take their own decision," Anup Pujari, joint secretary of multilateral institutions, told Reuters when asked if India planned to buy more gold.
"If they have to buy gold, they will have to bid for it," he said. He added the availability of gold in the international market had allowed the RBI to diversify its portfolio.
In early November, the IMF said it had sold 200 tonnes of gold to India.
(Reporting by Manoj Kumar; Editing by John Mair)
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