India's holding of American securities hits high of $241.9 bn in June

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India's holding of American securities hits high of $241.9 bn in June - Business Standard

Quick Summary:

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

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

Among the countries and jurisdictions, India was at the 12th place owning American government securities worth USD 241.9 billion in June, higher than USD 237.8 billion value recorded in May.