Rupee value may fall if Rajan’s term ends

Christopher Wood, MD and an equity strategist opined that the Indian Rupee was a high risk if RBI Governer, Raghuram Rajan , is not give a second term. Rajan, was praised by international investors for keeping the rupee stable. The RBI Governor will complete his term in September. Wood, on Friday, said that financial markets could take a hit, if the government does not renew Rajan’s term. To get latest current affairs view here.

Raghuram Rajan

 

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