..............Did the RBI jump the gun with its tightening measure announced on Monday night or could it have waited for Ben Bernanke do its job? In trying to deal with a crashing rupee caused by poor economic efficiency of the United Progressive Alliance (UPA) government led by Dr Manmohan Singh, a trained economist, the Reserve Bank of India (RBI) was forced to squeeze liquidity. But could it have waited and let Ben Bernanke, chairman of US Federal Reserve (Fed) do its work for it......
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