India, Indonesia sell-off different from 1997: Fitch

Aug 26, 2013

The agency defends its stable outlook for both countries, arguing they have stronger credit profiles and have made economic adjustments. It warns the one to watch could be China.

India, Indonesia sell-off different from 1997: Fitch

An investor exodus from India and Indonesia has led many to compare today’s emerging market volatility to the Asian financial crisis of 1997-98.

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