Ex-RBI governor: Hope Chidambaram will one day say, I am often frustrated by RBI
August 30, 2013  10:58
On a day when the Reserve Bank of India engineered a 223-paise pullback of the rupee to 66.60, outgoing governor D Subbarao squarely blamed the government for the domestic currency's travails which he attributed to domestic structural factors. He also said the loose fiscal policy adopted by the government between 2009-2012 had constrained the RBI's monetary policy. More
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