https://www.taxtmi.com/news?id=337 India's external debt rose during the quarter to end December 2007, driven mainly by commercial borrowing and increased short term debt; valuation effects from currency movements also contributed. A residual maturity breakdown, provided for the first time, shows a significant proportion of liabilities maturing within one year. Private sector debt accounts for the larger share of external liabilities while government debt is a smaller component. Foreign exchange reserves provide substantial coverage of total external debt and the US dollar's share in the debt portfolio has increased, signalling greater currency exposure. en-us Mon, 31 Mar 2008 14:27:00 +0530 Tue, 24 Jun 2008 12:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=337 India's external debt rose during the quarter to end December 2007, driven mainly by commercial borrowing and increased short term debt; valuation effects from currency movements also contributed. A residual maturity breakdown, provided for the first time, shows a significant proportion of liabilities maturing within one year. Private sector debt accounts for the larger share of external liabilities while government debt is a smaller component. Foreign exchange reserves provide substantial coverage of total external debt and the US dollar's share in the debt portfolio has increased, signalling greater currency exposure. News - Mon, 31 Mar 2008 14:27:00 +0530 https://www.taxtmi.com/news?id=337