https://www.taxtmi.com/news?id=1428 India's external debt stock increased by end-September 2010 with faster growth in short-term debt relative to long-term debt; a valuation effect from currency movements accounted for part of the increase. Commercial borrowings, non-resident deposits and multilateral liabilities were the principal components, sovereign external debt remained significant, and US dollar denominated instruments formed the largest currency share. The ratio of short-term external debt to foreign exchange reserves rose. Quarterly external debt statistics are compiled and published by the Department of Economic Affairs. en-us Fri, 31 Dec 2010 22:45:14 +0530 Fri, 31 Dec 2010 22:45:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=1428 India's external debt stock increased by end-September 2010 with faster growth in short-term debt relative to long-term debt; a valuation effect from currency movements accounted for part of the increase. Commercial borrowings, non-resident deposits and multilateral liabilities were the principal components, sovereign external debt remained significant, and US dollar denominated instruments formed the largest currency share. The ratio of short-term external debt to foreign exchange reserves rose. Quarterly external debt statistics are compiled and published by the Department of Economic Affairs. News - Fri, 31 Dec 2010 22:45:14 +0530 https://www.taxtmi.com/news?id=1428