India’s US Treasury Holdings Rose to $219.71 Billion in August
India’s holdings were close to their level a year earlier. The rise came as foreign-currency inflows through the RBI’s special swap facility boosted dollar reserves.
India's US Treasury securities holdings rose to $219.71 billion in August, close to the level seen a year earlier, as a surge in foreign currency inflows through the RBI’s special swap facility boosted dollar reserves and enlarged the pool of overseas assets available for investment.The increase co…