MUMBAI, India, June 27 -- Reserve Bank of India issued the following press release:
Today, the Reserve Bank of India released the balance of payments (BoP) data for the fourth quarter (Q4), i.e., January-March 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-March 2024-25 are detailed below in Table 1.
Table 1: Sources of Variation in Foreign Exchange Reserves* (US$ billion) Items 2023-24 2024-25 I. Current Account Balance -26.1 -23.4 II. Capital Account (net) (a to f) 89.8 18.3 a. Foreign Investment (i+ii) 54.2 4.5 (i) Foreign Direct Investment (FDI) 10.2 1.0 (ii) Portfolio Investment 44.1 3.6 of which: Foreign Institutional Investment ...