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Gold rush: India’s holdings of US Treasuries fall to near 6-year low; points to shift in RBI strategy
As the Reserve Bank of India (RBI) continues its forex diversification strategy, India’s holdings of US Treasury securities are down to almost a six year low. As per US Federal Reserve data, India’s exposure to US Treasuries has dropped to $181 billion in April this year.
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economictimes.indiatimes.com
India's US Treasury holding hits a 6-year low amid gold push
India's US Treasury holdings dropped to $181 billion in April. This reduction reflects a strategic shift in foreign asset diversification by the Reserve Bank of India. The…
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timesofindia.indiatimes.com
Gold rush: India’s holdings of US Treasuries fall to near 6-year low; points to shift in RBI strategy
As the Reserve Bank of India (RBI) continues its forex diversification strategy, India’s holdings of US Treasury securities are down to almost a six year low. As per US Federal…