If you stop doing it, your exchange rate appreciates significantly and you get burnt on the way up if it gets really strong, we may need more global, not so much coordination, but collective action. India Governor Raghuram Rajan More Quotes by India Governor Raghuram Rajan More Quotes From India Governor Raghuram Rajan I personally feel sustained devaluation is neither feasible nor a good strategy. India Governor Raghuram Rajan company-news Monetary stimulus has largely run its course. India Governor Raghuram Rajan company-news We can now be a little more careful about recognition... Next step is to make sure that what should be classified as A is classified as A and not B, we are ... looking at how some of these existing facilities are being used, to make sure ... we are not kicking the can down the road. India Governor Raghuram Rajan energy I want to put something like March 2017 on the table as when we hope that a full clean-up will have been done. India Governor Raghuram Rajan energy You may try to depreciate your currency but (what) if somebody (else) is also depreciating their currency? we can't all depreciate against each other, therefore the net effect will be limited. India Governor Raghuram Rajan business
