India’s Sales of Treasuries Deepen Pivot Away From Dollar Assets
India’s holdings of US Treasuries have fallen to a five-year low as the nation pushes to support its currency and diversify its reserves, joining a broader shift by some major...
By Ruth Carson, Pratigya Vajpayee · Bloomberg Markets
India’s holdings of US Treasuries have fallen to a five-year low as the nation pushes to support its currency and diversify its reserves, joining a broader shift by some major economies out of the world’s biggest bond market.