India has enough forex reserves to weather Fed storm, says ADB
Fp Archives • 12 years ago"Fears of a repeat of the 1997 Asian financial crisis are unwarranted," ADB said in a statement. "The region is now in a stronger position to weather the storm, with many economies running current account surpluses and holding large foreign reserve stockpiles."<br /><br />
Asian economies are 'decoupling', but here's why it's no good news
Fp Staff • 12 years agoQuite unlike in the years following 2008, when emerging Asian economies propped up global economic growth, this time it's the developed world that keeps the engine ticking.