Net Claims Of Non-residents On India Decline By US$ 14.8 Billion During July-September 2019

The Reserve Bank released data relating to India’s International Investment Position at end-September 2019. Net claims of non-residents on India declined by US$ 14.8 billion during July-September 2019. The decline in net claims was due to an increase of US$ 7.4 billion in Indian residents’ overseas financial assets and a reduction in foreign-owned assets in India by US $ 7.4 billion during the quarter.

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