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Fragile-five days long gone as funds pile into India, Indonesia

By Economic Times - 3 months ago
The original Fragile Five — which also included Turkey, South Africa and Brazil — referred to nations perceived to be most at risk due to their heavy reliance on foreign investment to drive growth. Improving finances — as reflected in credit-default swaps — show the market’s view of India and Indonesia has swung almost 180 degrees since the term was coined in 2013.

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