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The foreign currency reserves is at US$652.9 billion as on 13 December 2024. It was US$619 billion as on 25 March 2022 compared to US$579 billion at the end of March 2021 & compared to over US$474 billion at the end of March 2020. Hence the foreign currency reserves as a ratio to external debt is at 96%.
The total bank deposits increased from ₹ 59.1 billion (equivalent to ₹ 2.8 trillion or US$33 billion in 2023) in 1970–71 to ₹ 38.31 trillion (equivalent to ₹ 96 trillion or US$1.1 trillion in 2023) in 2008–09. Despite an increase of rural branches – from 1,860 or 22% of the total in 1969 to 30,590 or 42% in 2007 – only 32,270 of ...
Reserve Bank of India-10 Rupees (1938), the first year of banknote issue The Reserve Bank of India was founded on 1 April 1935 to respond to economic troubles after the First World War . [ 14 ] The bank was set up based on the recommendations of the 1926 Royal Commission on Indian Currency and Finance, also known as the Hilton Young Commission ...
Global map of total central government revenues, as share of GDP, 2022 [1] Global map of total central government expenditures, as share of GDP, 2022 [2]. This is the list of countries by government budget.
The report estimated that there was a presumptive loss of ₹ 176,600 crore (US$20 billion) by the United Progressive Alliance (UPA) government. [28] In a chargesheet filed on 2 April 2011 by the investigating agency Central Bureau of Investigation (CBI) , the agency pegged the loss at ₹ 31,000 crore (US$3.6 billion) [ 29 ]
Countries by total wealth, 2022 (2023 publication) National net wealth, also known as national net worth, is the total sum of the value of a country's assets minus its liabilities.
A year after (on March 31, 2018), there was only a marginal increase in the number at 3,363.28 million pieces. Of the total currency in circulation amounting to ₹18,037 billion at end-March 2018, ₹2000 notes accounted for 37.3 percent, down from 50.2 percent at end-March 2017. [9] The share has come down to 22.6 per cent at end-March 2020. [10]
The rupee was pegged to British Pound until 1982 when the government of General Zia-ul-Haq changed to a managed float. As a result, the rupee devalued by 38.5% between 1982–83 and 1987–88 and the cost of importing raw materials increased rapidly, causing pressure on Pakistani finances and damaging much of the industrial base.