..."We do not use rupee as the way of managing inflation. We are not trying to rely on a particular level of rupee to help us on inflation front," he said. He said sometimes it can prove dangerous if "you become overly reliant" on certain level of rupee. Instead what RBI has focused on is creating conditions inside the country for reduction in inflation. "Thus far we feel comfortable with the pace of progress. Of course, there are blips up and down...,"
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