Forex reserves down USD 8.13 bn to USD 537.51 billion

The country’s forex kitty continued its southward journey, with the overall reserves declining by USD 8.134 billion to USD 537.518 billion for the week ended September 23, RBI data showed on Friday. The reserves, which have been dipping as the central bank deploys the kitty to defend the rupee amid global volatility, had declined by … Read more

India debt: India’s external debt at US$ 617.1 billion as of June 2022

India‚Äôs external debt was placed at US$ 617.1 billion at the end of June 2022, stated a press release on Thursday. It has recorded a decrease of US$ 2.5 billion over its level at end of March 2022. The external debt to GDP ratio declined to 19.4 per cent at the end of June 2022 … Read more