India's holdings of US government securities reach record high in June

India increased its holdings of US government securities to a record $241.9 billion in June, up from $235.4 billion the previous year. Ranking 12th globally, India's exposure showed consistent growth over recent months. The US economy saw a 2.8% growth in the June quarter amid global uncertainties. Japan, China, and the UK held the top positions in ownership.

Aug 18, 2024 - 14:30
India's holdings of US government securities reach record high in June
India increased its holdings of US government securities to a record $241.9 billion in June, up from $235.4 billion the previous year. Ranking 12th globally, India's exposure showed consistent growth over recent months. The US economy saw a 2.8% growth in the June quarter amid global uncertainties. Japan, China, and the UK held the top positions in ownership.