Russian Share In U.S. Debt Is Getting Close To Zero

https://southfront.org/wp-content/uploads/2018/10/1-170.jpg?x44773

Grigory Dukor. IMAGE: Reuters

 

Russian investments in US securities as of August 2018 have fallen to just $14 billion from $180 billion back in 2011. From one of the top holders of the US debt, Moscow became the 54th largest holder.

China and Japan, which are currently the largest investors in US debt, have also cut their holdings. The Chinese share dropped to $1.165 trillion in August from $1.171 trillion in July. This was the third consecutive month of declines.

Turkey and India are also activing in the same direction. Turkey has dropped out of the top-30 list of holders of the US debt, while India has been liquidating its investment for five consecutive months to $140 billion in August.

Full article: Russian Share In U.S. Debt Is Getting Close To Zero (South Front)

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