The Reserve Bank of India (RBI) will continue to diversify foreign exchange (FX) assets amid rising global uncertainties, The Wall Street Journal reports. The RBI increased its holdings of gold within its portfolio of FX reserves, which were worth more than $316 billion, as of July 22. Out of the total $265.23 billion in assets held by the bank, $146.27 billion was in securities, as of September 2010. The RBI acquired nearly 50% of the International Monetary Fund’s gold reserves in October 2009. The bank will also examine recent developments in capital markets.

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