Saudi Arabia’s US Treasury holdings fell to $126.9 billion in January, down $10.6 billion from December, as per the latest US Treasury data. This decrease indicates a strategic adjustment in the Kingdom’s financial investments.
In January, Saudi Arabia’s holdings of US Treasury securities experienced a notable decline, amounting to $126.9 billion. This figure indicates a reduction of $10.6 billion from the previous month, December. This decrease underscores ongoing shifts in the Kingdom’s financial portfolio as reported by recent data from the US Treasury, as cited by Azernews via Arab News.
The decline in Saudi Arabia’s US Treasury holdings highlights an adjustment in the country’s investment strategy, with a significant decrease reported in January. This trend reflects broader economic considerations that may influence the Kingdom’s financial decisions moving forward.
Original Source: www.azernews.az
