RBI: India’s External Sector Strong

  Published 8 months ago

RBI says India’s external sector is resilient, with high forex reserves and a stable debt-to-GDP ratio despite rising debt.

  • Forex reserves at $696.7B cover 11 months of imports and 95% of external debt as of July 11, 2025.
  • External debt rose to $736.3B in FY25; debt-to-GDP ratio up slightly to 19.1% from 18.5% a year ago.
  • RBI highlights India’s favorable external indicators compared to other large emerging markets.

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