India's Holding of American Securities Hits High of $241.9 Billion in June
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India's holding of US government securities reached $241.9 billion in June 2024, the highest in a year, up from $237.8 billion in May 2024; Japan leads with $1.11 trillion, followed by China at $780.2 billion; UK holds $741.5 billion; India ranks 12th among countries; previous holdings were $233.5 billion in April and $240.6 billion in March; June 2023 holding was $235.4 billion; global economic challenges noted, with US GDP growth at 2.8% in Q2 2024; IMF projects 3.2% global growth for 2024.
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