...........Remember that at Mint Road, where the headquarters of the Reserve Bank of India (RBI) is located, its governor rarely opens his mouth on such matters, despite knowing full well that he can actually make a difference to the exchange rate of the rupee through interventions. Nor does he allow his deputy governors to speak on the issue unless that is direly needed. In sharp contrast to Mint Road's reticence, North Block, headquarters of the finance ministry, goes the other extreme, often facing the charge of making statements a bit too frequently...........
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