Impact of RaghuRam Rajan Exit on Indian Markets
Rajan announced that he won't be accepting second term as RBI
Governor and plans to return back to academia,which might rattle both
stock market and currency market.
Since 1992 RBI governors are appointed for 3 years and get extension for 2 years. Mr Rajan will be the first governor who will not get extension since 1992.
On 5 September 2013 he took charge as the 23rd Governor of the Reserve Bank of India, under whom Indian Rupee become pretty stable and inflation declined from High of 9% to Low of 3.5%.
Lets see how stock market welcomed Governor.
Continue Reading
Since 1992 RBI governors are appointed for 3 years and get extension for 2 years. Mr Rajan will be the first governor who will not get extension since 1992.
On 5 September 2013 he took charge as the 23rd Governor of the Reserve Bank of India, under whom Indian Rupee become pretty stable and inflation declined from High of 9% to Low of 3.5%.
Lets see how stock market welcomed Governor.
Nifty
Continue Reading
posted by Bramesh at
8:12 PM
0 Comments:
Post a Comment
Note: Only a member of this blog may post a comment.
Subscribe to Post Comments [Atom]
<< Home