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Raghuram Rajan reassures markets as China woes spread like wildfire

Last Updated: Monday, August 24, 2015, 11:30

Rajan said the country has USD 380 billion in forex reserves to be used as and when the need arises. He also said he sees oil prices remaining at low levels at for a year or two.

No apprehension in using reserves to reduce rupee volatility: Raghuram Rajan

Last Updated: Monday, August 24, 2015, 10:23

Rajan said, once market volatility settles down, India should emerge again as an investment destination of choice. He also said that the crude prices may remain soft for a year or two.