Business Standard

India's holding of US govt securities hits record high of $177.5 bn in Feb

In the last one year since February 2019, the overall holding of India has jumped by a staggering $33.2 billion

rupee dollar
Premium

India's foreign exchange reserves climbed by $3.09 billion to $479.57 billion in the week ended April 17

Agencies
India's holding of US government securities has jumped by over $13 billion in a month to record high of $177.5 billion at the end of February.

In the last one year since February 2019, the overall holding of India has jumped by a staggering $33.2 billion, news agency PTI reported.

Latest data from the US Treasury Department showed that the amount of securities owned by India has also gone up by the maximum quantum in a span of one month, amid the country slowly hiking the level since November last year when it stood at $159.2 billion.

Japan was the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in