DMs Can't Walk Away From QE Impact: RBI Gov
  • Prabha Hedge
  • Jan 30 2014

January 30: RBI Governor Raghuram Rajan, says, “We are clearly seeing fair amount of volatility in EMs; as entry as well as exit of easy money is hurting EM economies.” Stating that international monetary co-operation has broken down, he affirms that DMs may not like the kind of adjustments EMs will be forced to make. Watch as Rajan contends that people in financial markets are not paying attention to details.