International Investment Position (IIP) is a statistical statement that shows, at a point in time, the value and the composition of (a) financial assets of residents of an economy that are claims on non-residents and gold bullion held as reserve assets; and (b) liabilities of residents of an economy to non-residents. The difference between an… Read More
Tags: foreign direct investment, GDP, Gross domestic product, India, International Monetary Fund, March 2013, Net international investment position, Special Data Dissemination Standard
The total foreign exchange reserves (comprising foreign currency assets, gold, special drawing rights and reserve tranche position in IMF) was US$ 304.8 billion at end-March 2011, US$ 294.4 billion at end-March 2012 and US$ 292.0 billion at end-March 2013. In the current fiscal, reserves stood at US$ 295.2 billion as on April 12, 2013. The… Read More
Tags: Currency, Foreign Exchange Reserves, Gold reserve, International Monetary Fund, Reserve Bank of India, Special drawing rights, United States dollar
Talking Points of Dr. Duvvuri Subbarao, Governor, Reserve Bank of India at Seminar on Strengthening IMF Surveillance IMF Spring Meetings, Washington DC, on April 16, 2013 Question 1: Over the next three to five years, what do you see as the critical issues for IMF Surveillance? Response There are several critical issues for IMF Surveillance… Read More
Tags: Capital account, Capital control, Cyprus, Emerging markets, IMF, India, International Monetary Fund, Quantitative easing
International Investment Position (IIP) is a statistical statement that shows, at a point in time, the value and the composition of (a) financial assets of residents of an economy that are claims on non-residents and gold bullion held as reserve assets; and (b) liabilities of residents of an economy to non-residents. The difference between an… Read More
Tags: December 2012, External debt, foreign direct investment, India, International Investment Position, International Monetary Fund, Net international investment position, Special Data Dissemination Standard, United States
1. We, the leaders of the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People`s Republic of China and the Republic of South Africa, met in Durban, South Africa, on 27 March 2013 at the Fifth BRICS Summit. Our discussions took place under the overarching theme, "BRICS and Africa: Partnership for… Read More
Tags: Africa, Bank, Brazil, BRIC, Durban, International Monetary Fund, South Africa, World Bank