Will Raghuram Rajan Do a Volcker

August 29, 2013 13:15

In a world where Bhatkal is just a name -- As the Indian currency keeps sinking against the dollar, some economists say the Reserve Bank of India's incoming governor might have no choice but to raise interest rates sharply, reminiscent of actions taken by U.S. Federal Reserve Chairman Paul Volcker in the U.S. in the 1980s. Read

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