China, Japan cut holdings of US securities in October


Washington, Dec 16 (IANS): China and Japan, two top buyers of US securities, have reduced their holdings in October, latest data from the treasury department shows.

China cut its holdings of the treasuries by $3.2 billion to $1.2548 trillion in October, the second consecutive month for its holding reduction, Xinhua cited the treasury department as saying on Tuesday.

Japan, the second largest foreign holder of US treasuries, cut its holding by $27.9 billion to $1.1492 trillion in October.

Overall foreign holdings of US Treasury securities in October dropped to $6.0463 trillion from $6.1031 trillion in September.

  

Top Stories


Leave a Comment

Title: China, Japan cut holdings of US securities in October



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.