Raghuram Rajan becomes 23rd RBI Governor Noted economist Raghuram - TopicsExpress

Raghuram Rajan becomes 23rd RBI Governor Noted economist Raghuram Rajan became the new RBI Governor as he took charge from the outgoing Governor D Subbarao. Rajan has been an Economics Professor and has also served as chief economist at the International Monetary Fund. Rajan, who is known for having forecasted 2008 global financial crisis has taken charge of the vital position at time when rupee has declined nearly 20% against dollar and the problem of widening current account deficit and declining forex reserve has become serious.

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