New Delhi, May 5 -- India has emerged as one of the most resilient large emerging market economies since 2020, supported by strong foreign exchange reserves and stable macroeconomic policies, according to Moody's Ratings.
In a report on emerging markets released on Tuesday, the agency noted that India's sizeable forex reserves have helped contain currency volatility and maintain investor confidence during periods of global uncertainty, PTI reported
Well-Placed to Manage Future Shocks
Moody's said India is better positioned than many peer economies to handle future global shocks, citing its predictable monetary policy framework, well-anchored inflation expectations, and flexible exchange rate mechanism.
"India's reliance on domestic fu...
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