rbi: India's external debt at USD 629.1 bn at June-end: RBI
India's external debt increased slightly to $629.1 billion at the end of June 2023, with the debt-GDP ratio declining, according to data from the Reserve Bank of India (RBI). The US dollar-denominated debt accounted for the largest share at 54.4%, followed by debt denominated in Indian rupees, Special Drawing Rights (SDR), yen, and the euro. Excluding the valuation effect, external debt would have increased by $7.8 billion instead of $4.7 billion. Long-term debt increased by $9.6 billion, while short-term debt decreased.