MUMBAI (Reuters) - India's total external debt stood at $388.5 billion at the end of the June quarter, down $3.6 billion or 0.9 percent from the end of March, the Reserve Bank of India said in a statement on Monday.
The decline in external debt over March-end was due to the appreciation of the dollar against the rupee and other currencies as well as the decline in the level of external commercial borrowings, the RBI said.
The share of India's short-term to total external debt was 43.8 percent as of end-June, the RBI said. (Reporting by Suvashree Dey Choudhury and Subhadip Sircar; Editing by Subhranshu Sahu)
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