Russia increased its investments in US government securities in September

In September this year, Russia increased to $25 million the volume of investments in U.S. government bonds. This is reported on the website of the U.S. Treasury Department.

At the moment, the Russian side has invested $22 million in long-term U.S. government bonds and $3 million in short-term ones. It is specified that since August the volume of long-term investments has increased by $1 million.

The largest holders of U.S. government securities are currently Japan, China and Britain, adds "Gazeta.Ru".

Earlier, July 19, economist, Director of Communications at BitRiver Andrei Loboda said that the U.S. is strengthening its toxic reputation as a borrower, developing countries are rapidly reducing their investments in U.S. government bonds. So he commented on the information that Russia in May reduced the portfolio of U.S. government bonds to $45 million from the April level of $46 million, according to the U.S. Treasury Department.

Before that, June 28, experts of the International Monetary Fund called the growth of U.S. government debt a threat to the world economy. Thus, by 2032, the country's national debt may exceed 140% of GDP. The IMF urged U.S. politicians to carefully consider the issue of increasing indirect taxes and a gradual increase in income tax.

At the same time, on June 14, Chairman of the State Duma Vyacheslav Volodin pointed to the final erosion of confidence in the dollar in the world. He emphasized that in March 2022, the share of "unfriendly" currencies in the economy reached 84.7%, and today it is 17.8%. In addition, settlements in rubles have increased by 3.5 times. The Chairman of the State Duma added that now all countries have begun to realize that "the U.S. uses its currency as an instrument of political pressure," and sovereign states have begun to look for an alternative.