India's US TREASURY Holdings:-
$157 Billion .31/3/2018
$157 Billion .31/3/2018
India’s holdings of US treasuries increased from $67 billion in February 2014 to $101.7 billion in February 2015—which has pushed India above Norway, Mexico and Russia in terms of holdings of US treasuries.
It reasonable to assume,that,the RBI,may have raised,holdings,in OTHER Currencies,also.
The composition pattern of India's external debt is noted below. Long-term borrowings (more than a year to maturity) dominate India's external debt. India classifies its long-term external debt into seven heads. The external debt column notes the value of external debt stock outstanding at the end of December 2017.[1]
S. No. Component External debt (US$) Percentage share
1 Multilateral 56,021 million 10.9%
2 Bilateral 23,371 million 4.6%
3 IMF loans 5,666 million 1.1%
4 Export credit 9,390 million 1.8%
5 Commercial borrowings 196,861 million 38.3%
6 NRI deposits 123,315 million 24.0%
7 Rupee debt 1,205 million 0.2%
Long-term debt 415,829 million 81.0%
Short-term debt 97,609 million 19.0%
Total 513.4 billion 100%; 529 Billion as on 31/3/2018.
GDP 2 Trillion
Debt/GDP about 25%
The composition pattern of India's external debt is noted below. Long-term borrowings (more than a year to maturity) dominate India's external debt. India classifies its long-term external debt into seven heads. The external debt column notes the value of external debt stock outstanding at the end of December 2017.[1]
S. No. Component External debt (US$) Percentage share
1 Multilateral 56,021 million 10.9%
2 Bilateral 23,371 million 4.6%
3 IMF loans 5,666 million 1.1%
4 Export credit 9,390 million 1.8%
5 Commercial borrowings 196,861 million 38.3%
6 NRI deposits 123,315 million 24.0%
7 Rupee debt 1,205 million 0.2%
Long-term debt 415,829 million 81.0%
Short-term debt 97,609 million 19.0%
Total 513.4 billion 100%; 529 Billion as on 31/3/2018.
GDP 2 Trillion
Debt/GDP about 25%
India's loans from the World Bank stand at $104 billion (IBRD—$54 billion and IDA—$50 billion) as on December 31, 2015. Of this, the World Bank has disbursed $73 billion, with India repaying $37 billion.Jan 13, 2016
World Bank Loan interest rates
17.5% 1979,16.5% from 1980 to 1990,18.917 in 1992,15.956 in 1996,13.313 in 2008,10.604 $ in 2012,9.508% in 2017.
Calendar GMT Actual Previous Consensus TEForecast
2017-12-29 12:30 PM External Debt $495.7B $485.8B $ 471.5B
2018-03-28 11:50 AM External Debt $513.4B $495.8B $ 503.5B
2018-06-29 12:50 PM External Debt $529.7B $513.4B $ 519.7B
India is losing heavily in World Bank loans due to a very weak Rupee,while the Loans were taken when the Rupee was comparatively far stronger.Interest rate is also very high compared to IMF and ADB
Year Exchange rate
(INR per USD)
1948 1.30
1949 3.67
1950 - 1966 4.76[17]
1966 7.50[17]
1975 8.39[17]
1980 7.86[18]
1985 12.38[18]
1990 17.01[18]
1995 32.427
2000 43.50[18]
2005 (Jan) 43.47[18]
2006 (Jan) 45.19[18]
2007 (Jan) 39.42[18]
2008 (October) 48.88
2009 (October) 46.37
2010 (22 January) 46.21
2011 (April) 44.17
2011 (21 September) 48.24
2011 (17 November) 55.3950
2012 (22 June) 57.15[19]
2013 (15 May) 54.73[20]
2013 (12 Sep) 62.92[21]
2014 (15 May) 59.44[22]
2014 (12 Sep) 60.95[23]
2015 (15 Apr) 62.30[24]
2015 (15 May) 64.22
2015 (19 sep) 65.87
2015(30 nov) 66.79
2016(20 Jan) 68.01
2016(25 Jan) 67.63
2016(25 Feb) 68.82
2016 (14 April) 66.56
2016 (22 Sep) 67.02
2018 68.00
Conclusion:-
India is losing heavily in WB Loans and US Treasury Holdings.The latter and Forex have to be reduced by at least US Dollars 100 Billion to strengthen the Rupee,which should preferably be 35 to the US Dollar,as we an importing nation.The weak Rupee tranfers wealth to the Rich exporters and Asset-Holders,from the Middle Class and the poor,due to the loss of the purchasing power of the Indian Rupee,thus widening the already high Rich Poor Gap,making the Nation POORER!
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