search this site - type your query and submit

Daily Email Newsletter (Sign-up Free)

India’s International Investment Position (IIP), December 2017

Mar 28, 2018: Today, the Reserve Bank released data relating to India’s international investment position (IIP) as at end-December 2017.

Key Features of India’s IIP in December 2017

 o Net claims of non-residents on India increased by US$ 26.3 billion over the previous quarter (Table 1).

 o Foreign-owned assets in India surged by US$ 38.6 billion during the quarter, with broad-based contribution from foreign direct investment (FDI), portfolio investment, currency and deposits as well as trade credit; outstanding commercial loans, however, declined marginally during the quarter.
 o Indian residents’ overseas assets increased by US$ 12.3 billion over the level in the previous quarter, a substantial portion of which came from increase in the reserve assets.
 o Appreciation of Indian rupee against the US dollar (by 2.2 per cent) during the quarter partly explained the increase in India’s liabilities when valued in US dollar terms.
 o While reserve assets accounted for over two-thirds of India’s international assets, debt and non-debt liabilities had an almost equal share in total liabilities (Table 2 and 3).
 o The ratio of India’s international financial assets to international financial liabilities stood at 58.6 per cent at end-December 2017 (59.6 per cent a quarter ago).

Table 1: Overall International Investment Position of India
Overall International Investment Position of India
Table 2: Composition of International Financial Assets and Liabilities of India
Composition of International Financial Assets and Liabilities of India

Table 3: Share of External Debt and Non-Debt Liabilities of India
Share of External Debt and Non-Debt Liabilities of India


Note: India’s quarterly IIP is disseminated with a one- quarter lag. The IIP for end- September 2017 was placed in the public domain on December 29, 2017.

No comments:

Post a Comment

In comment with "Name/Url" option, only Name is mandatory to be filled.