Russia cuts US debt holding by more than 40% over year

Russia cuts US debt holding by more than 40% over year

Russia held US Treasury bills worth $66.5 billion as of April this year, according to the latest monthly report from the US Treasury. That compares with the $116.4 billion held a year ago.

From March to April 2015, Russia sold $3.4 billion in US Treasury bonds,reported US Department of the Treasury Monday.

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