What changed
The Reserve Bank published invisibles data for January-March 2025-26, following the IMF's BPM6 framework. The source does not include any numerical data or comparisons with prior periods.
What it means for you
This release updates the balance of payments invisibles component, covering services, income, and transfers. Without actual numbers, the impact on forex flows or banking operations cannot be assessed yet.
What you must do
- Review the full data release on RBI's website for detailed figures.
- Monitor invisibles trends for implications on forex liquidity and NRI deposits.
- Align internal reporting with BPM6 standards as per RBI guidelines.
Who it affects
Forex dealers and treasury teams, Banks handling cross-border transactions, Economic research departments
What is included in invisibles?
Invisibles cover services, income (like investment income), and transfers (including remittances). The data follows IMF BPM6 format.
Where can I find the detailed data?
The full press release is available on RBI's website. The source provided here only announces the release without specific numbers.