On September 6, 2018, the Reserve Bank of India (RBI) bought 8.46 tonne of gold in financial year 2017-18. This is the first purchase in almost nine years. RBI now has 566.23 tonne of gold in this year. Earlier in November 2009, RBI had bought 200 tonne of gold from the International Monetary Fund (IMF). The value of gold held as asset of Banking Department rose by 11.12% due to the depreciating value of rupee against dollar.