As of September 2024, India’s external debt stood at US$ 711.8 billion, reflecting an increase of US$ 29.6 billion compared to June 2024. The external debt-to-GDP ratio rose to 19.4% from 18.8% in June 2024. This rise includes a US$ 6.7 billion valuation effect due to the depreciation of the US dollar against major currencies … Continue reading India’s External Debt: US$ 711.8 Billion, 19.4% Debt-to-GDP, and US$ 29.6 Billion Increase as of September 2024