Finance Ministry: India well prepared for the US rate hike

17-Dec-2015 #India-US Source: The Times of India
Finance Ministry said India is well prepared to deal with the impact of the U.S. Federal Reserve interest rate hike and the end of uncertainties will actually help policy makers in emerging economies. The U.S. Federal Reserve hiked interest rates by 0.25 per cent. India is not immune, but its better placed than many of its peers, reiterated Thomas Rookmaaker, director, Sovereign Ratings at Fitch Ratings.
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