The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of October 2024.

The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of September 2024.

In consultation with the Government of India and SEBI, the Reserve Bank of India has finalised an operational framework for reclassification of Foreign Portfolio Investment made by Foreign Portfolio Investors (FPI) to Foreign Direct Investment (FDI) under Foreign Exchange Management (Non-debt Instruments) Rules, 2019 in case of any breach of the investment limit by the FPIs concerned. This would further enhance the ease of doing business in India. 

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period October 28 – October 31, 2024

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period October 21 – October 25, 2024.

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period October 14 – October 18, 2024. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 14-10-2024 2,536 1,534 640 317 187 235 7,222 6,809 2,067 4,528 1,468 142 15-10-2024 5,175 1,378 1,120 502 397 410 14,247 19,420 3,323 10,502 3,027 201

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period October 07 – October 11, 2024.

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 30 – October 04, 2024. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 30-09-2024 1,083 738 307 251 153 192 1,800 2,840 102 1,786 563 357 01-10-2024 4,753 1,162 1,041 681 520 447 16,089 21,263 1,941 10,726 3,344 286 03-10-2024 5,845 1,766 406 709 706 479 17,465 19,609 2,452 12,030 2,704 308

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 23 – September 27, 2024.

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 16 – September 20, 2024.

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 09 – September 13, 2024.

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 02 – September 06, 2024.

The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of August 2024.

The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of September 2024.

Today, the Reserve Bank released data relating to India’s International Investment Position for end-June 2024[1]. Key Features of India’s IIP in end-June 2024: Net claims of non-residents on India increased by US$ 6.7 billion during Q1:2024-25 to US$ 368.3 billion in June 2024. •    The rise in net claims of non-residents during the quarter was due to higher increase in foreign-owned assets in India (US$ 28.8 billion) vis-à-vis that in Indian residents’ overseas financial assets (US$ 22.1 billion) (Table 1). •    Inward direct investment was the largest contributor to the rise in foreign liabilities during April-June 2024 followed by currency and deposits, loans and trade credit. 

The stock of external debt at end-June 2024 as well as revised data for earlier quarters are set out in Statements I (IMF format ) and II (old format). The major developments relating to India’s external debt as at end-June 2024 are presented below. Highlights • At end-June 2024, India’s external debt was placed at US$ 682.3 billion, an increase of US$ 13.3 billion over its level at end-March 2024 (Table 1).

Today, the Reserve Bank of India released the balance of payments (BoP) data for the first quarter (Q1), i.e., April-June of 2024-25 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-June 2024 are detailed below in Table 1

Preliminary data on India’s balance of payments (BoP) for the first quarter (Q1), i.e., April-June 2024-25, are presented in Statements I and II. Key Features of India’s BoP in Q1:2024-25 • India’s current account deficit (CAD) widened marginally to US$ 9.7 billion (1.1 per cent of GDP) in Q1:2024-25 from US$ 8.9 billion (1.0 per cent of GDP) in Q1:2023-24 and against a surplus of US$ 4.6 billion (0.5 per cent of GDP) in Q4:2023-24.

The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of July 2024.

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period August 26 – August 30, 2024. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 26-08-2024 4,661 1,669 995 410 484 308 16,076 15,477 1,917 8,023 3,497 220 27-08-2024 6,175 1,832 1,735 539 659 549 15,316 14,790 1,111 9,668 4,005 543 28-08-2024 6,486 3,563 1,457 851 803 905 15,422 15,340 1,459 9,913 5,340 491

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period August 19 – August 23, 2024. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 19-08-2024 4,094 1,889 1,051 524 434 379 13,958 12,338 1,997 8,721 2,618 194 20-08-2024 4,426 1,551 1,365 490 299 1,394 20,519 14,189 2,181 9,502 2,222 545

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period August 12 – August 16, 2024. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period August 05 – August 09, 2024.

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period July 29 – August 02, 2024. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 29-07-2024 5,929 2,688 1,944 877 901 883 18,457 15,132 1,638 10,211 4,302 418 30-07-2024 4,907 1,553 815 728 627 701 13,380 13,277 889 10,248 3,565 301

The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of August 2024.

The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of June 2024.

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period July 22 – July 26, 2024. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 22-07-2024 5,093 1,044 720 299 184 251 15,365 16,355 1,788 7,622 2,399 328

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period July 15 – July 19, 2024. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 15-07-2024 4,123 1,550 1,034 330 366 317 18,009 12,293 1,902 7,219 2,726 359

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period July 08 – July 12, 2024. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 08-07-/2024 4,058 1,353 640 341 406 401 14,363 14,500 953 6,635 2,652 193

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period July 01 – July 05, 2024. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 01-07-2024 4,681 723 806 271 342 262 17,645 13,348 1,516 8,480 2,425 99

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period June 24 – June 28, 2024. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 24-06-2024 6,982 1,327 826 400 493 1,586 20,745 12,269 1,162 8,904 2,930 420

The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of July 2024.

The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of June 2024.

The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of May 2024.

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period June 18 - June 21, 2024.

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period June 10 - June 14, 2024.

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period June 03 - June 07, 2024. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 27 - May 31, 2024. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases

Over the years, the Reserve Bank has been progressively liberalising policies governing foreign exchange transactions, under FEMA, 1999. In continuation of these efforts, as announced in the Statement on Developmental and Regulatory Policies of June 2024, it has been decided to rationalise regulations that cover export and import transactions. The proposed regulations are intended to promote ease of doing business, especially for small exporters and importers. They are also intended to empower Authorised Dealer banks to provide quicker and more efficient service to their foreign exchange customers.

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 21 – May 24, 2024.

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 13 - May 17, 2024. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 06 - May 10, 2024. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 06-05-2024 4,599 1,216 913 371 433 434 13,289 13,581 747 6,542 1,712 338 07-05-2024 4,060 1,062 481 427 186 164 12,659 10,887 1,983 8,482 2,168 315

The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period April 29 - May 03, 2024.

Today, the Reserve Bank released data relating to India’s International Investment Position for end-March 2024[1]. Key Features IIP during January-March 2024: Net claims of non-residents on India declined by US$ 6.4 billion during Q4:2023-24 to US$ 361.7 billion as at end-March 2024. Indian residents’ overseas financial assets recorded higher rise (US$ 38.1 billion) as compared to that in the foreign-owned assets in India (US$ 31.7 billion), which led to the decline in net claims of non-residents during the quarter (Table 1).

The stock of external debt at end-March 2024 as well as revised data for earlier quarters are set out in Statements I (IMF format[1]) and II (old format). The major developments relating to India’s external debt as at end-March 2024 are presented below. Highlights At end-March 2024, India’s external debt was placed at US$ 663.8 billion, an increase of US$ 39.7 billion over its level at end-March 2023 (Table 1).
The external debt to GDP ratio declined to 18.7 per cent at end-March 2024 from 19.0 per cent at end-March 2023.
Valuation effect due to the appreciation of the US dollar vis-à-vis the Indian rupee and other major currencies such as yen, the euro and SDR[2] amounted to US$ 8.7 billion. Excluding the valuation effect, external debt would have increased by US$ 48.4 billion instead of US$ 39.7 billion at end-March 2024 over end-March 2023.
At end-March 2024, long-term debt (with original maturity of above one year) was placed at US$ 541.2 billion, recording an increase of US$ 45.6 billion over its level at end-March 2023.
The share of short-term debt (with original maturity of up to one year) in total external debt declined to 18.5 per cent at end-March 2024 from 20.6 per cent at end-March 2023. Similarly, the ratio of short-term debt (original maturity) to foreign exchange reserves declined to 19.0 per cent at end-March 2024 (22.2 per cent at end-March 2023).
Short-term debt on residual maturity basis (i.e., debt obligations that include long-term debt by original maturity falling due over the next twelve months and short-term debt by original maturity) constituted 42.9 per cent of total external debt at end-March 2024 (44.0 per cent at end-March 2023) and stood at 44.1 per cent of foreign exchange reserves (47.4 per cent at end-March 2023) (Table 2).
US dollar-denominated debt remained the largest component of India’s external debt, with a share of 53.8 per cent at end-March 2024, followed by debt denominated in the Indian rupee (31.5 per cent), yen (5.8 per cent), SDR (5.4 per cent), and euro (2.8 per cent).

Today, the Reserve Bank of India released balance of payments (BoP) data for the fourth quarter (Q4), i.e., January-March 2023-24 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during 2023-24 are detailed below in Table 1. Table 1: Sources of Variation in Foreign Exchange Reserves* (US$ billion) Items 2022-23 2023-24 I. Current Account Balance -67.1 -23.3 II. Capital Account (net) (a to f) 57.9 87.0 a. Foreign Investment (i+ii) 22.8 53.9 (i) Foreign Direct Investment (FDI) 28.0 9.8 (ii)Portfolio Investment -5.2 44.1 

Preliminary data on India’s balance of payments (BoP) for the fourth quarter (Q4), i.e., January-March 2023-24, are presented in Statements I and II. Key Features of India’s BoP in Q4:2023-24 India’s current account balance recorded a surplus of US$ 5.7 billion (0.6 per cent of GDP) in Q4:2023-24 as against a deficit of US$ 8.7 billion (1.0 per cent of GDP) in Q3:2023-24 and US$ 1.3 billion (0.2 per cent of GDP) a year ago [i.e., Q4:2022-23] . The merchandise trade deficit at US$ 50.9 billion in Q4:2023-24 was lower than US$ 52.6 billion a year ago. Preliminary data on India’s balance of payments (BoP) for the fourth quarter (Q4), i.e., January-March 2023-24, are presented in Statements I and II. Key Features of India’s BoP in Q4:2023-24 India’s current account balance recorded a surplus of US$ 5.7 billion (0.6 per cent of GDP) in Q4:2023-24 as against a deficit of US$ 8.7 billion (1.0 per cent of GDP) in Q3:2023-24 and US$ 1.3 billion (0.2 per cent of GDP) a year ago [i.e., Q4:2022-23] . The merchandise trade deficit at US$ 50.9 billion in Q4:2023-24 was lower than US$ 52.6 billion a year ago.

The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of April 2024.

The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of May 2024.

Today, the Reserve Bank released the data[1] relating to financial performance of non-government non-financial (NGNF) foreign direct investment (FDI) companies in India during 2022-23 (https://cimsdbie.rbi.org.in/DBIE/#/dbie/reports/Statistics/Corporate%20Sector/Finances%20of%20FDI%20Companies) based on audited annual accounts of 2,272 companies, which reported in the Indian Accounting Standards (Ind-AS) format for three accounting years from 2020-21 to 2022-23. Their economic sector classification is based on their principal business activity reported in MGT-7 form (https://www.mca.gov.in/MinistryV2/companyformsdownload.html) of the Ministry of Corporate Affairs, Government of India, which is the primary source of these data. The paid-up capital (PUC) of these companies amounted to ₹5,44,014 crore, which accounted for 56.9 per cent of the total PUC of FDI companies that had reported in the 2022-23 round of the Reserve Bank’s annual census of foreign liabilities and assets of Indian direct investment companies.