IDFC Research: India’s External Debt And FX Reserves - Where We Stand Among Emerging Markets 
An employee counts a stack of U.S. 100 dollar banknotes. (Photographer: Paul Yeung/Bloomberg)

IDFC Research: India’s External Debt And FX Reserves - Where We Stand Among Emerging Markets 

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IDFC Research Report

In our recent note we looked at how India’s external debt addition has slowed over the years led by both financial and nonfinancial private sector enterprises.

We also saw the adequacy of its reserves improved since 2013 and is unlikely to fall materially under various stress scenarios, which makes it India’s silver lining in the current economic backdrop.

In this note, we compare India’s external debt and reserve adequacy with some of the other Emerging Market (EM) countries.

We also study how these countries managed their reserves and how their currencies fared during previous episodes of stress, such as the Global Financial Crisis (GFC) of 2008 and the taper tantrum of 2013.

Click on the attachment to read the full report:

IDFC - India's external debt and FX reserves Part II.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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