MUMBAI: Top economist Raghuram Rajan, renowned for predicting the 2008 global financial crisis, has taken over as head of India’s central bank amid the country’s worst financial storm in years.
Rajan, a high-profile former International Monetary Fund chief economist, replaces Duvvuri Subbarao as governor of the Reserve Bank of India (RBI) which has been battling to halt the plummeting rupee amid a sharp economic slowdown.
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