Moody’s calls India better placed to weather future global shocks

India is among the most resilient large emerging market economies over the past five years, according to Moody’s Ratings.
 
In its recent report, the agency said that India is better placed than most of its peers to absorb future global shocks, supported by strong foreign exchange reserves, a stable and predictable policy framework, and deep domestic capital markets.
 
This comes at a time when global financial markets remain on edge amid trade tensions and geopolitical uncertainty.
 
Moody’s has stated that India’s clear and predictable monetary policy framework, including inflation targeting adopted ahead of recent disruptions, has helped anchor inflation expectations and strengthen its resilience to external shocks.