Redemption pressure of Short-term debt to add to RBI’s forex management challenges
Jul 30, 2022
Redemption pressure of Short-term debt to add to RBI’s forex management challenges
About 43.1 percent or $267 billion worth of external debt of the $620.7 billion amounting to 44 percent of country’s foreign exchange reserves comes up for maturity this fiscal, according RBI’s latest data on India’s external debt as of Mrach’22.