Exchange Rates

China Increases US Holdings to Record $1.75 Trillion

Posted by Scott Boyd at 9:35 am UTC, 03/01/2011

It appears that as the euro struggled last year in the face of the European debt crisis, China increased its US holdings to avoid euro losses. Already the largest foreign holder of US debt, China increased it US dollar assets to a record $1.75 trillion in October. With $882.3 billion, Japan remains the second largest holder of US debt.

Source: Bloomberg

Filed under: Forex Round Up, USD

Leave a Comment

Trackbacks (2)

1

Daily Forex Info Â» China’s Bigger Appetite For US Debt A Boon For Treasurys, Dollar – Wall Street Journal on 03/01/2011 UTC at 9:26 pm

2

Daily Forex Info Â» China’s Bigger Appetite For US Debt A Boon For Treasurys, Dollar – Wall Street Journal on 03/01/2011 UTC at 9:31 pm

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities.
Opinions are the authors — not necessarily OANDA’s, its officers or directors. OANDA’s Terms of Use and Privacy Policy apply.

© 1996 - 2012 OANDA Corporation. All rights reserved. All Registered Trade Marks used on this Website, whether marked as Trade Marks
or not marked, are declared to belong to their respective owner(s). OANDA Corporation owns Trade Marks of all its "FX" products.