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India, Philippines most vulnerable in a taper tantrum-like scenario: S&P

One mitigating factor for both countries is that current accounts are stronger relative to normal levels, notes S&P

Topics
S&P | Federal Reserve | Asian economy

Anup Roy  |  Mumbai 



Forex reserves falling below $400 billion not a worry, say experts

Asian economies are better prepared to face a taper tantrum-like incident, but countries like India and the Philippines stand “the most vulnerable at the current juncture,” global rating agency said in a report on Wednesday.

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First Published: Wed, March 17 2021. 21:12 IST

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