RBI's U.S. Treasuries fell sharply in March, a record $ 21 billion

Reserve Bank of India in February was 177.5 dollar investment

Reserve Bank of India's investment in US Treasury bonds fell by a record 21 billion in March. This is likely to happen with the intention of increasing the Reserve Bank's dollar reserves amid global uncertainty. The Reserve Bank of India's holdings fell sharply to 15 156.5 billion during the month.

Central banks around the world have chosen to increase their dollar stocks, blaming the epidemic for this. Care ratings believe that the rupee has continued to weaken against the dollar, turning to keeping the dollar in an environment of uncertainty ahead of the Reserve Bank of India's lockdown for lower holdings. Foreign portfolio investment is expected to remain negative and the Reserve Bank of India will choose to retain the dollar and sell when the market situation eases. After Saudi Arabia, India is now the US. It is the 13th largest investor in treasury bonds. While Japan and China top the list.

In February, the Reserve Bank of India (RBI) had invested 177.5 billion in foreign holdings, the world's largest liquid sovereign securities.