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India's import cover fell to 15.8 months in June 2021, says RBI

At the end of September 2021, India's foreign exchange reserves stood at 635.36 billion

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The ratio of short-term debt to reserves, which was 17.5 per cent at end-March 2021, declined to 16.8 per cent at end-June 2021

1 min read Last Updated : Oct 28 2021 | 1:24 AM IST

India's foreign exchange reserve cover has fallen to 15.8 months at the end of June 2021, from 17.4 months at end-March 2021, according to the Reserve Bank of India.

The ratio of short-term debt to reserves, which was 17.5 per cent at end-March 2021, declined to 16.8 per cent at end-June 2021.

The ratio of volatile capital flows (including cumulative foreign portfolio inflows and outstanding short-term debt) to reserves declined from 69.0 per cent at end-March 2021 to 65.5 per cent at end-June 2021, according to the RBI's half yearly report on management of foreign exchange reserves released on Wednesday.