November 22, 2024
India’s Holdings Of US Government Securities Reach 2 Billion, Highest In A Year #IndiaFinance

India’s Holdings Of US Government Securities Reach $242 Billion, Highest In A Year #IndiaFinance

CashNews.co

India’s holding of US government securities touched a high of $241.9 billion in June as the country continued to increase its exposure for the third straight month.

Japan was the top holder with securities worth over $1.11 trillion followed by China at the second spot with a holding valued at $780.2 billion in June, according to the latest data released by the US Treasury Department.