In an interview to CNBC-TV18, Jin Liqun, President of Asian Infrastructure Investment Bank (AIIB) spoke at length about global interest rate scenario.
Liqun said that after years of very difficult times for a number of countries particularly developed countries, some people see the economy rebound has been pretty strong.
He further said that one notices recovery in the United States, in European countries and also in Asia such as China and many other countries including India. However, as a corollary interest rates will be going up and cost of borrowing for a number of people might be higher.
For entire interview, watch accompanying video.
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