How India is stacked compared with fellow fragile economies

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Among the 'Fragile Five' currencies as defined by Morgan Stanley, the rupee has emerged as the biggest gainer since August 28, 2013, when it had touched an all-time low of 68.85 to the dollar in intra-day trade. Key parameters show equity indices since then have gained the most in India. The current account deficit as a percentage of gross domestic product of India is the lowest. However, Consumer Price Index-based inflation continues to be the highest in India, compared with that in the other four countries.