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India Records $496 bn External Debt in September
January 02, 2018
At 495.7 billion USD, India’s external debt has increased by 5.1% from March end quarter to the September end quarter, which is largely contributed to the increase in the foreign portfolio investment (FPI) in the debt market.
About 81.2% of the total external debt is long-term external debt. The remaining 18.7% the short-term debt. Additionally, about 50% of the total debt is US dollar-denominated, followed by Indian rupee at 35.7, SDR at 5.7%, and the remaining in other currencies.
