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Friday, 21 April, 2017, 14 : 00 PM [IST]

Indian Foreign Exchange Earnings grow by 14% in March 2017

According to Ministry of Tourism (MoT) Foreign Exchange Earnings (FEEs) during March 2017 were INR 14, 953 crore as compared to INR 13,115 crore in March 2016 and INR 11,133 crore in March 2015. The growth rate in FEEs in rupee terms in March 2017 over March 2016 was 14.% compared to positive growth of 17.8% in March 2016 over March 2015.

FEEs during the period January-March 2017 were INR 46,310 crore with a growth of 14.6%, as compared to the FEE of INR 40,411 crore with a growth of 15.9% in January-March 2016 over January-March 2015.

FEEs in USD terms during March 2017 were USD 2.268 billion as compared to FEEs of USD 1.958 billion during March 2016 and USD 1.783 billion in March 2015. The growth rate in FEEs in USD terms in March 2017 over March 2016 was 15.8% compared to a positive growth of 9.8% in March 2016 over March 2015.

FEEs during the period January-March 2017 were USD 6.907 billion with a growth of 15.4% as compared to the FEE of USD 5.986 billion with a growth of 6.8% in January-March 2016 over January-March 2015.
 
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