Bancos Centrais

Marc Faber: Generally, I have a very low view on central bankers, but I personally have to say that I have a very high opinion about Mr Rajan. I think he is pursuing a relatively tight monetary policy, which, in my view, is very desirable because he has stabilised the rupee. The rupee has been very strong against the euro and the yen. He may not stay there forever and India can go back and implement a loose monetary policy. That would lead to a deprecation of the rupee..."