What is Emerging market?
EconomyA fast-growing economy that is still developing its markets and institutions, such as India, Brazil, Indonesia, Mexico or South Africa.
Think of it like: A rising star: more growth, more bumps.
Real example: In 2022, as US rates rose fast, India's rupee fell past 80 per dollar for the first time.
Lesson: Emerging markets Practise it now: Headline Reflex