MUMBAI, India, March 28 -- Reserve Bank of India issued the following press release:
Today, the Reserve Bank of India released the balance of payments (BoP) data for the third quarter (Q3), i.e., October-December 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-December 2024 are detailed below in Table 1.
Table 1: Sources of Variation in Foreign Exchange Reserves* (US$ billion) Items April-December 2023 April-December 2024 I. Current Account Balance -30.7 -37.1 II. Capital Account (net) (a to f) 63.6 23.3 a. Foreign Investment (i+ii) 40.5 11.0 (i) Foreign Direct Investment (FDI) 7.8 1.6 (ii) Portfolio Investment 32.7 9.4 of which: Fore...