India's March-end 2020 external debt rises | Reserve Bank of India

Mumbai: India's external debt for the quarter ended March 2020 rose to $558.5 billion on account of currency valuation effect and commercial borrowings and non-resident Indian (NRI) deposits. The external debt during the period under review rose by 2.8 per cent or $15.4 billion on a year-on-year basis. "At end-March 2020, India's external debt was placed at $558.5 billion, recording an increase of $15.4 billion over its level at end-March 2019," the Reserve Bank of India said. (IANS)

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