https://www.taxtmi.com/news?id=15977 External debt at end December 2015 was US$ 480.2 billion, rising over end March 2015 primarily due to increases in long term debt-notably commercial borrowings and NRI deposits-while short term debt declined. Long term debt accounted for about 83% of the total and Government versus non Government shares were about 19% and 81% respectively. The US dollar remained the dominant currency, concessional debt formed a small share, and foreign exchange reserves provided substantial cover with a lower short term debt to reserves ratio than at end March 2015. en-us Thu, 31 Mar 2016 18:10:46 +0530 Thu, 31 Mar 2016 18:10:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15977 External debt at end December 2015 was US$ 480.2 billion, rising over end March 2015 primarily due to increases in long term debt-notably commercial borrowings and NRI deposits-while short term debt declined. Long term debt accounted for about 83% of the total and Government versus non Government shares were about 19% and 81% respectively. The US dollar remained the dominant currency, concessional debt formed a small share, and foreign exchange reserves provided substantial cover with a lower short term debt to reserves ratio than at end March 2015. News - Thu, 31 Mar 2016 18:10:46 +0530 https://www.taxtmi.com/news?id=15977