International Reserves in India
India - International Reserves
GDP plunged at the sharpest pace on record in Q2 as lockdown measures decimated economic activity. Plummeting household spending and freefalling fixed investment led the downturn amid a spike in the unemployment rate and as non-essential businesses were forced to shut. That said, government consumption accelerated, while a steeper fall in imports led the external sector to positively contribute to GDP. Turning to Q3, the economy has gained some momentum but remains depressed due to a soaring number of new Covid-19 cases. Industrial production shrank at a less severe pace in July, while the services PMI gained some traction in August, although still signaled a deterioration in the services sector. On a brighter note, the manufacturing PMI rebounded in August, suggesting an expansion in activity. In the external arena, however, the decline in merchandise exports worsened in the same month, hinting at frail foreign demand.India - International Reserves Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| International Reserves (USD) | 356 | 373 | 421 | 414 | 476 |
India International Reserves Chart
Source: Reserve Bank of India and FocusEconomics calculations.
India Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 6.50 | -0.04 % | Jan 01 |
| Exchange Rate | 71.23 | -0.09 % | Jan 01 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
-
India: Merchandise exports slide at sharper pace in August
September 15, 2020
Merchandise exports shrank 13.1% year-on-year in August (July: -10.2% year-on-year).
-
India: Private sector PMI improves to a five-month high
September 3, 2020
The composite Purchasing Managers’ Index (PMI) produced by IHS Markit rose to 46.0 in August from 37.2 in July.
-
India: GDP records largest drop on record in Q2
August 31, 2020
Economic output plummeted 23.9% year-on-year in the second quarter of CY 2020 (FY Q1 2020), contrasting the 3.1% expansion seen in the first quarter (FY Q4 2019) and marking the worst reading since current records began in 1996.
-
India: Private sector PMI ticks down slightly in July
August 4, 2020
The composite Purchasing Managers’ Index (PMI) produced by IHS Markit eased marginally to 37.2 in July from 37.8 in June.
-
India: Private sector PMI continues gradual recovery in June
July 3, 2020
The composite Purchasing Managers’ Index (PMI) produced by IHS Markit climbed to 37.8 in June from 14.8 in May.
© Copyright: 2020. | India International Reserves | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed
