I do what i do (english, paperback, rajan raghuram g.)
When Raghuram G. Rajan took charge as RBI Governor in September 2013, the rupee was in free fall, inflation was high, India had a large current account deficit, and exchange reserves were falling. As every measure failed to stabilize markets, speculators sensed a full-blown crisis. Rajan's response was to go all out, not just to tackle the crisis of confidence, but also to send a strong message about the strength of India's institutions and the country's ongoing programme of reform.