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High oil prices worrying: RBI

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Press Trust of India Kolkata
Last Updated : Jan 21 2013 | 6:57 AM IST

Reserve Bank of India (RBI) today said high oil prices was a worrying factor against the backdrop of a sluggish world economy.

"High oil prices is a source of concern," deputy governor of RBI Subir Gokarn said.

He told reporters after the bank's central board meeting here that it would pose a challenge and make inflation management more difficult.

The Euro zone crisis was also a source of persistent worry, Gokarn said.

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First Published: Dec 09 2010 | 4:43 PM IST

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