Chines Yuan

No "big bang jump" for Rupee onto world stage: Raghuram Rajan

RBI Governor Raghuram Rajan Tuesday said the inclusion of Chinese yuan into IMF's reserve currency basket may lead to more devaluation of the unit but ruled out any such "big bang" internationalisation for the rupee and favoured a "steady" opening up.

Dec 01, 2015, 20:30 PM IST