Arab News, Tuesday, Oct 19, 2021 | Rabi Al-Awwal 12, 1443
Saudi holdings of US treasury bills fell to lowest in 14 months
Saudi Arabia: Saudi Arabia's holding
of US Treasury securities decreased by the end of August to $124.1 billion, the
lowest since May 2020, according to new data from the US government.
The Saudi holdings in August were down by 3.1
percent or $4 billion compared to the previous month.
The holdings declined by 4.5 percent equivalent to
$5.9 billion on an annual basis, compared to August 2020, the data showed.