Rajan has the makings of a Lucky governor for India?
Markets seem to have welcomed the new RBI governor, Dr. Raghuram Rajan with open arms. Sensex and Nifty are up by over 2%, Indian Rupee (INR) is up by over 1% against the USD and ten year benchmark bond yield is down by 10bps on the back of a few promising announcements by Rajan.
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