Russia in November continued to get rid of investments in US governmentobaliations. It is reported by RIA Novosti with reference to the data of the US Ministry of Finance.
Russian investments in the US public debt decreased from $ 3.7 billion at the beginning of November to 2.4 billion dollars at the end of the month. At the same time, long-term investments in the Russian portfolio amounted to 101 million dollars, and short-term – $ 2,308 billion.
Most of the American state debt securities in the hands of Japan and China, whose investments on the autumn of 2021 were 1.34 and 1.081 trillion, respectively.
In December, US President Joe Biden signed a law that enhances the Country Country Ceiling for 2.5 trillion dollars – up to 31.4 trillion dollars. Thus, Biden prevented the potential default of the country by the country’s debt, the CNBC channel notes. It is expected that an increase in the debt limit will allow the American government to cover its obligations until 2023.