(US $ Million)

Apr-Jun 1999PR

Jul-Sept 1999

Oct-Dec. 1999

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

1

17

18

19

20

21

22

23

24

25

A.CURRENT ACCOUNT

I. MERCHANDISE

8148

12305

-4157

9660

13034

-3374

10172

13976

-3804

II.INVISIBLES (a+b+c)

6343

4192

2151

6765

4843

1922

7508

4333

3175

a) Services

3076

2915

161

3191

3316

-125

3737

3070

667

i) Travel

671

556

115

662

520

142

809

552

257

ii) Transportation

361

522

-161

475

716

-241

430

642

-212

iii) Insurance

48

27

21

62

18

44

70

41

29

iv) G.n.i.e.

154

71

83

105

69

36

162

61

101

v) Miscellaneous

1842

1739

103

1887

1993

-106

2266

1774

492

b) Transfers

2808

7

2801

3095

11

3084

3306

8

3298

vi) Official

57

0

57

66

0

66

126

0

126

vii) Private

2751

7

2744

3029

11

3018

3180

8

3172

c) Income

459

1270

-811

479

1516

-1037

465

1255

-790

I) Investment Income

442

1267

-825

426

1510

-1084

429

1255

-826

II)Compensation of employees

17

3

14

53

6

47

36

0

36

Total Current Account

14491

16497

-2006

16425

17877

-1452

17680

18309

-629

(I+II)

B.CAPITAL ACCOUNT

1. Foreign Investment

2004

664

1340

2915

1849

1066

2542

1803

739

(a+b)

a) In India

1996

645

1351

2904

1806

1098

2468

1722

746

i. Direct

454

2

452

649

1

648

400

0

400

ii. Portfolio

1542

643

899

2255

1805

450

2068

1722

346

b) Abroad

8

19

-11

11

43

-32

74

81

-7

2. Loans

2628

2487

141

3283

3016

267

2913

2730

183

(a+b+c)

a) External Assistance

440

459

-19

718

591

127

929

577

352

i) By India

0

2

-2

0

3

-3

0

4

-4

ii) To India

440

457

-17

718

588

130

929

573

356

b) Commercial Borrowings

627

631

-4

957

885

72

601

787

-186

(MT & LT)

i) By India

6

0

6

0

0

0

14

0

14

ii) To India

621

631

-10

957

885

72

587

787

-200

c) Short Term

To India

1561

1397

164

1608

1540

68

1383

1366

17

3. Banking Capital

3107

1852

1255

2256

2099

157

3397

2132

1265

(a+b)

a) Commercial Banks

2714

1849

865

2255

1896

359

3394

1841

1553

i) Assets

708

404

304

558

573

-15

1256

320

936

ii) Liabilities

14

64

-50

58

5

53

84

25

59

iii) Non-Resident Deposits

1992

1381

611

1639

1318

321

2054

1496

558

b) Others

393

3

390

1

203

-202

3

291

-288

4. Rupee Debt Service

0

518

-518

0

3

-3

0

49

-49

5. Other Capital

1141

542

599

579

684

-105

599

566

33

Total Capital Account

8880

6063

2817

9033

7651

1382

9451

7280

2171

(1....5)

C. Errors & Omissions

647

0

647

0

443

-443

560

0

560

D. Overall Balance

24018

22560

1458

25458

25971

-513

27691

25589

2102

(Total Capital Account,

Current Account and

Errors & Omissions (A+B+C)

E. Monetary Movements

0

1458

-1458

591

78

513

0

2102

-2102

(i+ii+iii)

i) I.M.F.

0

78

-78

0

78

-78

0

78

-78

iii) Foreign Exchange Reserves

0

1380

-1380

591

0

591

0

2024

-2024

( Increase - / Decrease +)