Mkt Did Not Factor RBI's Guidance: RBI Gov
  • Prabha Hedge
  • Jan 31 2014

January 31: “Disinflation did not happen as fast as it was desired,” says, RBI Governor Raghuram Rajan. In an exclusive conversation with Vivek Law he adds that the central bank could not have been anymore clearer in previous guidance. He also points out that there is no compromise to growth in RBI’s current stance. Further, 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.