NEW DELHI: India’s holding of US authorities securities touched a excessive of $241.9 billion in June because the nation continued to extend its publicity for the third straight month.
Japan was the highest holder with securities price over $1.11 trillion, adopted by China on the second spot with a holding valued at $780.2 billion in June, in keeping with the most recent knowledge launched by the US Treasury Department.
On the third place was the UK with an publicity of $741.5 billion forward of Luxembourg on the fourth place with a holding to the tune of $384.2 billion.
Among the many nations and jurisdictions, India was on the twelfth place proudly owning American govt securities price $241.9 billion in June, greater than $237.8 billion worth recorded in Might. As per the info, India’s holding is the best within the final one 12 months and it was at $237.8 billion in Might 2024. In April this 12 months, it touched $233.5 billion declining from $240.6 billion in March.
In June final 12 months, the publicity was at $235.4 billion.
Different nations/ jurisdictions among the many prime 10 holders had been Canada on the fifth spot with a holding of $374.8 billion, adopted by Cayman Islands ($319.4 billion), Belgium ($318 billion), Eire ($308 billion), France ($307.2 billion) and Switzerland ($287.1 billion). On the eleventh place was Taiwan with an publicity of $265.9 billion.
The worldwide financial system is witnessing unsure occasions amid excessive inflation, geopolitical tensions and different challenges. There may be an uneven progress sample and in June quarter, the actual GDP within the US expanded at annual fee of two.8%, greater than 1.4% seen within the first three months of 2024.
Japan was the highest holder with securities price over $1.11 trillion, adopted by China on the second spot with a holding valued at $780.2 billion in June, in keeping with the most recent knowledge launched by the US Treasury Department.
On the third place was the UK with an publicity of $741.5 billion forward of Luxembourg on the fourth place with a holding to the tune of $384.2 billion.
Among the many nations and jurisdictions, India was on the twelfth place proudly owning American govt securities price $241.9 billion in June, greater than $237.8 billion worth recorded in Might. As per the info, India’s holding is the best within the final one 12 months and it was at $237.8 billion in Might 2024. In April this 12 months, it touched $233.5 billion declining from $240.6 billion in March.
In June final 12 months, the publicity was at $235.4 billion.
Different nations/ jurisdictions among the many prime 10 holders had been Canada on the fifth spot with a holding of $374.8 billion, adopted by Cayman Islands ($319.4 billion), Belgium ($318 billion), Eire ($308 billion), France ($307.2 billion) and Switzerland ($287.1 billion). On the eleventh place was Taiwan with an publicity of $265.9 billion.
The worldwide financial system is witnessing unsure occasions amid excessive inflation, geopolitical tensions and different challenges. There may be an uneven progress sample and in June quarter, the actual GDP within the US expanded at annual fee of two.8%, greater than 1.4% seen within the first three months of 2024.
