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. |