403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Saudi Arabia holds USD 117bn of U.S debt
(MENAFN) Saudi Arabia owns almost USD 116.8bn of U.S. debt, which makes the kingdom the 13th largest foreign holder of U.S. debt.
Moreover, Saudi Arabia's holdings were taken together with that of other oil exporting nations, involving Venezuela and Iraq.
In addition, Saudi Arabia owns more U.S. debt than what was exposed, due to central bank listed owning USD 587bn of foreign reserves.
It is possible that KSA could be taking a page of China's playbook, which owns U.S. debt through custodial accounts in Belgium that listed owning more than USD 154bn of U.S. debt.
Moreover, Saudi Arabia's holdings were taken together with that of other oil exporting nations, involving Venezuela and Iraq.
In addition, Saudi Arabia owns more U.S. debt than what was exposed, due to central bank listed owning USD 587bn of foreign reserves.
It is possible that KSA could be taking a page of China's playbook, which owns U.S. debt through custodial accounts in Belgium that listed owning more than USD 154bn of U.S. debt.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment