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

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.

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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.

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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)