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Markets were looking for a correction trigger – RBI’s Rajan

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 21, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - The Reserve Bank of India (RBI) governor Rajan, while speaking at Davos, said the market were looking for a correction trigger and China and oil became the trigger.

    Key Quotes

    Monetary stimulus has run its course

    Developed markets need to look at structural reforms

    We don't seem to have succeeded through really low rates

    China is not falling off a cliff
    For more information, read our latest forex news.
     

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