New Delhi, Dec. 28 -- A sharp rise in exports in November, aided by a low base, helped pull India sharply ahead of other emerging market (EM) peers, as shown by the latest Mint's Emerging Market Tracker, even as the rupee and stock market performance remained weak. India, with a composite score of 71, was way ahead in the race. Malaysia and Brazil followed distantly with composite scores of 62 and 59, securing second and third ranks, respectively.
Malaysia rode on a strong performance of its currency (up 1.6% month-on-month) and export growth (up 15.8% year-on-year). Thailand gained from the best performance in manufacturing purchasing managers' index (PMI), with a print of 58.8.
China, the strongest contender along with India on ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.