Thursday, September 26, 2013

Why KV Kamath thinks RBI went wrong on rupee

.........."In the past, the mistake we have done is to say we have no tools (to defend the rupee). I think the main difference what I've seen in the approach is that Raghuram Rajan has taken is to say that we have tools, that single statement made by a central bank Governor can make the markets take watch,"............

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