BackUS debt: India faces $41 billion exposure
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07 Aug 2011, 11:41 PM IST
US debt: India faces $41 billion exposure
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New Delhi:As one of the 15 largest foreign creditors to the US, India’s exposure to the US’ ballooning debt is estimated at $41 billion. While China is the single-largest holder of the US treasury securities with $1.15 trillion, India stands at 14th position according to the US treasury department.
The top five US treasury securities holders as of May are China ($1159.8 billion); Japan ($912.4 bn); UK ($346.5 bn); oil exporters ($229.8 bn); and Brazil ($211.4 bn).
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Published: 07 Aug 2011, 11:41 PM IST
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