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

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

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

NEW DELHI: 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.

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.

At the third place was the United Kingdom with an exposure of USD 741.5 billion ahead of Luxembourg at the fourth position with a holding to the tune of USD 384.2 billion.