RBI's Rajan says the euro is too strong - Central Banking

India's central bank governor takes unusual step of commenting on another country's exchange rate

raghuram-rajan
Raghuram Rajan, RBI governor

The euro is too strong for its fundamentals and the eurozone is struggling with the same problems as emerging market (EM) economies, as yield-chasing money inflows inflate exchange rates and distort asset prices, Raghuram Rajan, the new governor of the Reserve Bank of India (RBI) told FX Week's sister publication, Central Banking, in an interview.

Discussing policy spillover effects, such as the battering taken by EM assets last year after the Federal Reserve first hinted at tapering its

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: