Less than 24 hours in the job and he has already been dubbed “The Guv” by a gushing Indian media and portrayed as a suave James Bond-like figure coming to the rescue of the country’s crashing currency. With the ink of his signature still drying on the oath that made him the 23rd governor of the Reserve Bank of India (RBI) on Wednesday, Raghuram Rajan, stunned investors by announcing a raft of measures aimed at shoring up the beleaguered rupee. His statement triggered a rally in the rupee and a surge in shares............
No comments:
Post a Comment