Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • Careers
  • More..
    • Horoscope
    • Sci-Tech
    • Timeout
    • Opinion
    • COVID-19
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • Careers
  • More..
    • Horoscope
    • Sci-Tech
    • Timeout
    • Opinion
    • COVID-19
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

India’s external debt at USD 629.1 bn at June-end: RBI

PTI
Updated: September 28th, 2023, 14:02 IST
in Business, National
0
RBI
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Mumbai: India’s external debt rose marginally to USD 629.1 billion at June-end 2023, although the debt-GDP ratio declined, according to Reserve Bank data released Thursday.

The debt rose by about USD 4.7 billion from USD 624.3 billion at March-end.

Also Read

Supreme Court

Supreme Court upholds abrogation of Article 370, calls for polls in J&K by September next year

11 mins ago
SC not required to adjudicate on validity of 2018 President rule imposed in J&K: CJI on Article 370 verdict

SC not required to adjudicate on validity of 2018 President rule imposed in J&K: CJI on Article 370 verdict

40 mins ago

“The external debt to GDP ratio declined to 18.6 per cent at end-June 2023 from 18.8 per cent at end-March 2023,” RBI said.

Valuation effect due to the appreciation of the US dollar vis-à-vis the major currencies such as yen and SDR amounted to USD 3.1 billion.

US dollar-denominated debt remained the largest component of India’s external debt, with a share of 54.4 per cent at end-June 2023, followed by debt denominated in the Indian rupee (30.4 per cent), SDR (5.9 per cent), yen (5.7 per cent), and the euro (3.0 per cent).

Excluding the valuation effect, external debt would have increased by USD 7.8 billion instead of USD 4.7 billion at end-June 2023 over end-March 2023, the central bank said.

According to the data, at end-June 2023, long-term debt (with original maturity of above one year) was placed at USD 505.5 billion, recording an increase of USD 9.6 billion over its level at end of the preceding quarter.

The share of short-term debt (with original maturity of up to one year) in total external debt declined to 19.6 per cent at end-June 2023 from 20.6 per cent at end-March 2023.

RBI further said outstanding debt of the general government decreased, while non-government debt increased at end-June 2023.

The share of outstanding debt of non-financial corporations in total external debt was the highest at 39.8 per cent, followed by deposit-taking corporations (except the central bank) (26.6 per cent), general government (21.1 per cent) and other financial corporations (7.6 per cent).

Further, loans remained the largest component of external debt, with a share of 32.9 per cent, followed by currency and deposits, trade credit and advances and debt securities.

Tags: External debtRBIReserve Bank
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019

Archives

Editorial

Putin Again

Vladimir Putin
December 11, 2023

S urrounded by decorated soldiers and mothers of fallen soldiers, Russia’s Vladimir Putin announced that he will run for President...

Read more

Blind to Condition

AAKAR PATEL
December 10, 2023

Last week, I wrote about South Asia remaining poor compared to nations in Asia, which have done something different from...

Read more

ED’s Future Actions

December 9, 2023

The recent empanelling of IRS officer Rahul Navin as the interim chief of the Enforcement Directorate (ED) and conferring upon...

Read more

Bungling Spies

Representational image (Via christianitytoday.com)
December 6, 2023

It appears to be a season of Indian spies getting nabbed or identified for messing up with their espionage work...

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Opinion
  • Feature
  • Sports
  • Sci-Tech
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2020 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Metro
  • State
  • National
  • International
  • Sports
  • Business
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2020 All rights Reserved by OrissaPOST