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Table 1
15.04.2008

Neoliberal Discomfort

Table 1: Sources of Accretion to Foreign Exchange Reserves
  
April-December 2007
April-December 2006
Current Account Balance
-16
-14
Capital Account (net) (a to f)
83.2
30.2
Foreign Investment (i+ii)
41.4
12.8
   (i) Foreign Direct Investment
8.4
7.6
   (ii) Portfolio Investment
33
5.2
Banking Capital
5.8
0.2
  of which: NRI Deposits
-0.9
3.7
Short-Term Credit
10.8
5.7
External Assistance
1.3
1
External Commercial Borrowings
16.3
9.8
Other items in capital account
7.6
0.7
Valuation change
8.9
9.4
Total (I+II+III)
76.1
27.8
Source: Reserve Bank of India.
 

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