U.S. Treasury Department

This tag is associated with 2 posts

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. Since August 2014, … Continue reading

U.S. Weighing Expulsion Of Russia From SWIFT Interbank Payment System

The U.S. Treasury Department is still evaluating and discussing the impacts of expelling Russia from the SWIFT interbank payment system, U.S. Treasury Assistant Secretary for International Finance Ramin Toloui said at a U.S. Senate Foreign Relations Committee hearing on Tuesday. During the Committee hearing, U.S. Senator Marco Rubio asked the panel that if Russia was to violate the Minsk Protocol, what the … Continue reading

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