(US $ million)

Items

1990-91 PR

1997-98 PR

1998-99

1999-2000

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

1

2

3

4

5

6

7

8

9

10

11

12

13

A.

CURRENT ACCOUNT

I.

MERCHANDISE

18477

27915

-9438

35680

51187

-15507

34298

47544

-13246

38285

55383

-17098

II.

INVISIBLES (a+b+c)

7464

7706

-242

23244

13237

10007

25770

16562

9208

30324

17389

12935

a) Services

4551

3571

980

9429

8110

1319

13186

11021

2165

15721

11865

3856

i) Travel

1456

392

1064

2914

1437

1477

2993

1743

1250

3036

2139

897

ii) Transportation

983

1093

-110

1836

2522

-686

1925

2680

-755

1745

2410

-665

iii) Insurance

111

88

23

240

183

57

224

112

112

236

122

114

iv) G.n.i.e.

15

173

-158

276

160

116

597

325

272

582

270

312

v) Miscellaneous

1986

1825

161

4163

3808

355

7447

6161

1286

10122

6924

3198

b) Transfers

2545

15

2530

12254

45

12209

10649

62

10587

12672

34

12638

vi) Official

462

1

461

379

—

379

308

1

307

382

—

382

vii) Private

2083

14

2069

11875

45

11830

10341

61

10280

12290

34

12256

c) Income

368

4120

-3752

1561

5082

-3521

1935

5479

-3544

1931

5490

-3559

i) Investment Income

368

4120

-3752

1561

5020

-3459

1893

5462

-3569

1783

5478

-3695

ii) Compensation to employees

—

—

—

—

62

-62

42

17

25

148

12

136

Total Current Account (I+II)

25941

35621

-9680

58924

64424

-5500

60068

64106

-4038

68609

72772

-4163

B.

CAPITAL ACCOUNT

1.

Foreign Investment (a+b)

113

10

103

9266

3913

5353

5892

3580

2312

12240

7123

5117

a) In India

113

10

103

9169

3779

5390

5743

3331

2412

12121

6930

5191

i. Direct

107

10

97

3596

34

3562

2518

38

2480

2170

3

2167

ii. Portfolio

6

—

6

5573

3745

1828

3225

3293

-68

9951

6927

3024

b) Abroad

—

—

—

97

134

-37

149

249

-100

119

193

-74

2.

Loans (a+b+c)

9432

3899

5533

17301

12502

4799

14771

10353

4418

13060

11459

1601

a) External Assistance

3397

1193

2204

2885

2000

885

2726

1927

799

3074

2183

891

i) By India

—

6

-6

—

22

-22

—

21

-21

—

10

-10

ii) To India

3397

1187

2210

2885

1978

907

2726

1906

820

3074

2173

901

b) Commercial Borrowings (MT & LT)

4282

2028

2254

7382

3372

4010

7231

2864

4367

3207

2874

333

i) By India

30

24

6

11

—

11

5

—

5

20

—

20

ii) To India

4252

2004

2248

7371

3372

3999

7226

2864

4362

3187

2874

313

c) Short Term To India

1753

678

1075

7034

7130

-96

4814

5562

-748

6779

6402

377

3.

Banking Capital (a+b)

10106

9424

682

8910

9803

-893

8197

6717

1480

11259

8532

2727

a) Commercial Banks

7960

7056

904

8164

9424

-1260

6768

6434

334

10859

7955

2904

i) Assets

425

789

-364

580

2775

-2195

1344

2741

-1397

2653

1863

790

ii) Liabilities

187

456

-269

52

242

-190

124

135

-11

201

227

-26

iii) Non-Resident Deposits

7348

5811

1537

7532

6407

1125

5300

3558

1742

8005

5865

2140

b) Others

2146

2368

-222

746

379

367

1429

283

1146

400

577

-177

4.

Rupee Debt Service

—

1193

-1193

—

767

-767

—

802

-802

—

711

-711

5.

Other Capital

3117

1186

1931

3815

2463

1352

3958

2801

1157

4018

2510

1508

Total Capital Account (1 to 5)

22768

15712

7056

39292

29448

9844

32818

24253

8565

40577

30335

10242

C.

Errors & Omissions

132

—

132

167

—

167

—

305

-305

323

—

323

D.

Overall Balance

48841

51333

-2492

98383

93872

4511

92886

88664

4222

109509

103107

6402

(Total Capital Account,

Current Account and

Errors & Omissions (A+B+C))

E.

Monetary Movements (i+ii)

3136

644

2492

—

4511

-4511

—

4222

-4222

—

6402

-6402

i) I.M.F.

1858

644

1214

—

618

-618

—

393

-393

—

260

-260

ii) Foreign Exchange Reserves

1278

0

1278

—

3893

-3893

—

3829

-3829

—

6142

-6142

( Increase - / Decrease +)

(US $ million)

Items

Jul.- Sep. 1999

Oct.- Dec. 1999

Jan.- Mar. 2000

Apr. -Jun. 2000

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

1

14

15

16

17

18

19

20

21

22

23

24

25

A.

CURRENT ACCOUNT

I.

MERCHANDISE

9660

13053

-3393

10172

13976

-3804

10305

16049

-5744

10397

15140

-4743

II.

INVISIBLES (a+b+c)

6977

4696

2281

7736

4159

3577

9150

4475

4675

7516

5227

2289

a) Services

3403

3186

217

3956

2896

1060

5168

3001

2167

3580

3552

28

i) Travel

662

520

142

809

530

279

894

533

361

709

748

-39

ii) Transportation

475

716

-241

430

642

-212

479

530

-51

429

826

-397

iii) Insurance

62

18

44

70

41

29

56

36

20

62

132

-70

iv) G.n.i.e.

105

69

36

162

61

101

161

69

92

117

58

59

v) Miscellaneous

2099

1863

236

2485

1622

863

3578

1833

1745

2263

1788

475

b) Transfers

3095

11

3084

3315

8

3307

3454

8

3446

3431

11

3420

vi) Official

66

—

66

126

—

126

133

—

133

60

—

60

vii) Private

3029

11

3018

3189

8

3181

3321

8

3313

3371

11

3360

c) Income

479

1499

-1020

465

1255

-790

528

1466

-938

505

1664

-1159

i) Investment Income

426

1493

-1067

429

1255

-826

486

1463

-977

474

1662

-1188

ii) Compensation to employees

53

6

47

36

—

36

42

3

39

31

2

29

Total Current Account (I+II)

16637

17749

-1112

17908

18135

-227

19455

20524

-1069

17913

20367

-2454

B.

CAPITAL ACCOUNT

1.

Foreign Investment (a+b)

2915

1849

1066

2542

1803

739

4779

2807

1972

3802

2605

1197

a) In India

2904

1806

1098

2468

1722

746

4753

2757

1996

3792

2527

1265

i) Direct

649

1

648

400

—

400

667

—

667

682

20

662

ii) Portfolio

2255

1805

450

2068

1722

346

4086

2757

1329

3110

2507

603

b) Abroad

11

43

-32

74

81

-7

26

50

-24

10

78

-68

2.

Loans (a+b+c)

3092

2878

214

2913

2678

235

4419

3487

932

3586

3741

-155

a) External Assistance

718

591

127

929

577

352

979

556

423

523

873

-350

i) By India

—

3

-3

—

4

-4

—

1

-1

—

7

-7

ii) To India

718

588

130

929

573

356

979

555

424

523

866

-343

b) Commercial Borrowings (MT & LT)

766

747

19

601

735

-134

1213

832

381

770

982

-212

i) By India

—

—

—

14

—

14

—

—

—

1

—

1

ii) To India

766

747

19

587

735

-148

1213

832

381

769

982

-213

c) Short Term

To India

1608

1540

68

1383

1366

17

2227

2099

128

2293

1886

407

3.

Banking Capital (a+b)

2256

2099

157

3397

2132

1265

2499

2449

50

3377

2127

1250

a) Commercial Banks

2255

1896

359

3394

1841

1553

2496

2369

127

3109

2123

986

i) Assets

558

573

-15

1256

320

936

131

566

-435

707

373

334

ii) Liabilities

58

5

53

84

25

59

45

133

-88

12

112

-100

iii) Non-Resident Deposits

1639

1318

321

2054

1496

558

2320

1670

650

2390

1638

752

b) Others

1

203

-202

3

291

-288

3

80

-77

268

4

264

4.

Rupee Debt Service

—

3

-3

—

49

-49

—

141

-141

—

460

-460

5.

Other Capital

711

634

77

557

839

-282

1726

495

1231

782

1221

-439

Total Capital Account (1 to 5)

8974

7463

1511

9409

7501

1908

13423

9379

4044

11547

10154

1393

C.

Errors & Omissions

—

912

-912

421

—

421

348

—

348

40

—

40

D.

Overall Balance

25611

26124

-513

27738

25636

2102

33226

29903

3323

29500

30521

-1021

(Total Capital Account,

Current Account and

Errors & Omissions (A+B+C))

E.

Monetary Movements (i+ii)

591

78

513

—

2102

-2102

—

3323

-3323

1047

26

1021

i) I.M.F.

—

78

-78

—

78

-78

—

26

-26

—

26

-26

ii) Foreign Exchange Reserves

591

—

591

—

2024

-2024

—

3297

-3297

1047

—

1047

(Increase - / Decrease +)

PR: Partially Revised.

See 'Notes on Tables'.