Bsc magazine online purchase today
External debt drops article is on page 12 of BSC
Bscmagazine online purchase today India's
external debt declined 2.8 per cent to $514.4 bn at Jun-end over the previous quarter on account of a decrease in commercial borrowings, short-term debt and non-resident Indian (NRI) deposits. Bsc magazine online purchase today At end-Jun 2018, the external debt was placed at $514.4
bn, recording a decrease of $14.9 bn over
its level at end-Mar 2018. As per the
RBI, the decrease in the magnitude
of external debt was primarily due to
valuation gains resulting from the appreciation
of the US dollar Bsc magazineonline purchase today against the Indian rupee and ,major currencies
1 he external debt-to-GDP ratio stood at 20.4 per cent at end-Jun 2018. a shade
lower than its level of 20.5 per cent at
end-Mar 2018.
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