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India’s Central Bank Governor’s Resignation Raises Fears of Volatility

The Indian Central Bank governor’s decision not to seek a second term in office has raised concerns the country could face a loss in investor confidence and economic volatility. The widely-respected economist, Raghuram Rajan, is credited with making an important contribution to India’s economic turnaround after a choppy phase. In a signal of uncertainty looming ahead of his departure in September, the rupee fell to a one-month low Monday. Rajan's departure: not a big...

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