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India's external debt rises by 2.2% to $ 485.6 billion

India's external debt rises by 2.2% to $ 485.6 billion

Mon, Sep 19, 2016

“India’s external debt has remained within manageable limits in 2015-16 as indicated by the increase in foreign exchange reserves to debt ratio to 74.2%, the external debt-GDP ratio of 23.7%, and fall in short term debt to 17.2%, said Department of Economics.

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