https://www.taxtmi.com/news?id=561 India's external debt stock rose in 2007-08 to US$221.2 billion, driven mainly by external commercial borrowings and short term debt, with valuation effects from currency movements and rupee appreciation affecting rupee term increases. Government debt's share of total external debt and of GDP declined. Major solvency and liquidity indicators-reserve cover, debt service ratio, external debt to GDP and short term debt ratios-remained in comfortable ranges, and the report enhances reporting on short term external debt. en-us Thu, 04 Sep 2008 15:01:07 +0530 Thu, 04 Sep 2008 15:01:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=561 India's external debt stock rose in 2007-08 to US$221.2 billion, driven mainly by external commercial borrowings and short term debt, with valuation effects from currency movements and rupee appreciation affecting rupee term increases. Government debt's share of total external debt and of GDP declined. Major solvency and liquidity indicators-reserve cover, debt service ratio, external debt to GDP and short term debt ratios-remained in comfortable ranges, and the report enhances reporting on short term external debt. News - Thu, 04 Sep 2008 15:01:07 +0530 https://www.taxtmi.com/news?id=561