Tag: Raghuram Rajan

• Monday, November 23rd 2015 - 10:42 UTC

  Unfair to claim China sparked a 'currency war', argues India's central bank

  

  ”It’s unfair to pin the blame on the August 11 Yuan devaluation because currencies were already declining due to the “unconventional monetary policies” of some nations, Raghuram Rajan was cited as saying in an interview with the SCMP.

• Wednesday, August 26th 2015 - 07:02 UTC

  “Using cheap money to tackle economic problems rather than reform must stop”

  

  Central banks are under too much pressure to fix struggling economies, according to the man in charge of India's monetary policy. Reserve Bank of India governor Raghuram Rajan hinted that using cheap money to tackle economic problems - rather than painful reform - had to stop.

• Tuesday, May 27th 2014 - 09:33 UTC

  IMF Lagarde calls on central banks to cooperate on policy moves

  

  As the United States Federal Reserve debates the timing of its first interest rate hike since 2006, International Monetary Fund (IMF) Managing Director Christine Lagarde is urging central banks to cooperate on policy moves.

• Saturday, February 1st 2014 - 04:04 UTC

  IMF calls on central banks to coordinate liquidity conditions; fears funding crunch

  

  The International Monetary Fund urged central banks to ensure that a financial market rout in the developing world does not lead to an international funding crunch. An IMF spokesman said some emerging market countries need to take “urgent action” to improve their economies, which are under threat by a recent sell-off in markets from India and Turkey to Brazil.