RBI releases Data on India’s International Investment Position for the End of December 2022
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- Last Updated on 3 April, 2023
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Press Release no. 2022-2023/1948; dated: 31.03.2023
The RBI has released data on India’s International Investment Position (IIP) for the end of December 2022. As per data released, net claims of non-residents in India declined by US$ 12.0 billion during October-December 2022 and stood at US$ 374.5 billion at end of December 2022. Further, trade credits & loans were primary contributors to rise in India’s foreign liabilities. Reserve assets accounted for 64.3% of India’s international financial assets as at end-December 2022.
Also, India’s international assets covered 70.0% of its international liabilities as compared with 72.5% a year earlier. The share of debt liabilities in total external liabilities increased to 50.2% as at end-December 2022 from 49.8% a quarter ago and 48.4% a year ago.
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