India's holding in US government securities rises to $59.9 billion

India increased its exposure to American government securities to $59.9 billion in October, the highest in four months, notwithstanding uncertainties in the world's largest economy. By hiking its holdings by as much as $3.1 billion in October, India has reversed the recent trend of trimming the exposure to US treasury bills. In October, the country's exposure stood at $59.9 billion, one of the lowest among BRICS nations, comp...