India's external debt stood at USD 747.2 billion at the end of June 2025, marking an increase of USD 11.2 billion over the level recorded at end-March 2025, according to data released by the Reserve Bank of India (RBI) on Tuesday.
India's foreign exchange reserves (Forex) are sufficient to meet 11 months of the country's imports and about 96 per cent of external debt, said Governor Sanjay Malhotra while announcing the outcome of the Monetary Policy Committee (MPC) decisions on Friday.
Malviya highlighted key metrics, such as India's "reduced current account deficit, strong foreign exchange reserves, and restrained external debt growth," which he said have contributed to the rupee's stability despite global challenges.
India's foreign exchange reserves (Forex) are sufficient to meet the more than 11 months of imports and about 96 per cent of external debt outstanding at end-June 2024, stated the Reserve Bank of India (RBI) on Tuesday.
Once the deal is completed, GMR Group plans to utilize the investment proceeds to refinance all external debt of GMR Enterprise Private Limited (GEPL), the promoter of GMR Airports Limited (formerly GMR Airports Infrastructure Limited)
According to the IMF, Pakistan's external financing requirements are projected to reach USD 62.6 billion over the next three years under the Extended Fund Facility (EFF) program. This amount is expected to further increase to USD 110.5 billion over a five-year period, from 2024-2025 to 2028-
India's high foreign exchange reserves and low levels of external debt are contributing to its overall credit profiling, said CareEdge Ratings on Thursday, as the rating agency assigned 'BBB+' sovereign ratings to India.
The average debt per citizen in Pakistan has now touched PKR 295,000. The total debt owed by the country currently has risen by PKR 8.36 trillion, bringing the total to PKR 71.24 trillion in 2024, ARY News said, citing a report by Pakistan's Ministry of Finance.
Kenya's foreign exchange reserves have experienced a significant drop of USD 487 million (approximately KES 63.9 billion) over the past week, following substantial repayments of external debt.
Amid rising fiscal deficits and public debt,Maldives remains at "high risk" of external and overall debt distress, the International Monetary Fund (IMF) said in its report
Amid rising fiscal deficits and public debt, Maldives remains at a "high risk" of external and overall debt distress, the International Monetary Fund (IMF) said in its report.