From the record
A quiet year in the ledgers
No dated event for 1995 has yet been extracted from the sources. The paper prints what is documented and leaves the rest blank, rather than guessing.
Prime Minister: P. V. Narasimha Rao
The Age Of Stars
The gold airlift, liberalisation, and a floating rupee.
Vol. CXXIThe edition of 1995 · The Open Economy2 records
- Prime Minister
- P. V. Narasimha Rao
- President
- Shankar Dayal Sharma
- Finance Minister
- Manmohan Singh
- RBI Governor
- C. Rangarajan
Bank Rate
12%
unchanged on 1994
Rupee per dollar
₹32.42
+3.3% on 1994
Inflation
10.22%
−0.02 pts on 1994
GDP growth
7.57%
+0.92 pts on 1994
Reserves
$22,865m
−5.6% on 1994
External debt
$93,809m
−4.2% on 1994
The Ledger: what was borrowed in 1995
Full ledger →| Creditor | Instrument | Amount | US$ m | Status | Grade |
|---|---|---|---|---|---|
| IBRD | FY1995 commitments | 1,119 USD | 1,119 | amortising | verified |
| IDA | FY1995 commitments | 944.7 USD | 944.7 | amortising | verified |
Rows are listed as recorded. Some describe the same loan from different sources and must not be added together.
