Decoupling from dollar: India sells US Treasuries & buys gold; holdings drop to 5-year low
RBI is not among the largest holders of US government debt, with its exposure at about a quarter of China’s nearly $683 billion holdings. Even so, India’s selling has added fresh momentum to discussions about the place of US sovereign bonds in global investment portfolios.🕒 1 min read
RBI is not among the largest holders of US government debt, with its exposure at about a quarter of China’s nearly $683 billion holdings. Even so, India’s selling has added fresh momentum to discussions about the place of US sovereign bonds in global investment portfolios.
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