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Is India better than other fragile economies?

March 13, 2014 09:46 IST

Image: Rupee has emerged as the biggest gainer.
Photographs: Fayaz Kabli/Reuters

Among the ‘Fragile Five’ currencies as defined by Morgan Stanley, the rupee has emerged as the biggest gainer since August 28, 2013, when it had touched an all-time low of 68.85 to the dollar in intra-day trade.



 

Is India better than other fragile economies?

Image: Equity indices since then have gained the most in India.
Photographs: Reuters

Key parameters show equity indices since then have gained the most in India.



Tags: India

Is India better than other fragile economies?

Image: India has the lowest CAD.
Photographs: Reuters

The current account deficit as a percentage of gross domestic product of India is the lowest.



Tags: India

Is India better than other fragile economies?


Photographs: Reuters

However, Consumer Price Index-based inflation continues to be the highest in India, compared with that in the other four countries.

Is India better than other fragile economies?

Image: It's election time in India.
Photographs: Reuters

It’s election time

India: Voting for the 2014 general elections will begin in April

Indonesia: Parliamentary elections are scheduled for April and a presidential ballot in July

Turkey: Ukraine crisis, domestic politics have weighed on Turkey

South Africa: On May 7, the country will hold its fifth general election since the end of apartheid

Brazil: General elections will be held in October

Source: source