India's external debt at $620.7 billion as of March 2022 https://ift.tt/w86jQng gains due to the appreciation of the US dollar vis-Ã -vis Indian rupee and major currencies such as yen, SDR, and euro were placed at $ 11.7 billion. Excluding the valuation effect, external debt would have increased by $ 58.8 billion instead of $ 47.1 billion at end-March 2022 over end-March 2021.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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