CAIRO: The total value of US Treasuries held by Saudi residents in June increased to $119.2 billion from $114.7 billion in May, according to data from the US Department of the Treasury.
The data showed that the month-on-month rise in US Treasuries had been the highest since August 2020, contrary to the trend seen in the year’s first half.
In January, the US Treasuries holdings totaled $119.4 billion and have seen a general downward…
