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RBI to take measures to check inflation: FinMin

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Press Trust of India New Delhi
Last Updated : Jan 19 2013 | 10:33 PM IST

"We expect RBI to take some monetary measures," Finance Secretary D Subba Rao told reporters here.      

He said RBI Governor Y V Reddy had detailed discussions with Finance Minister P Chidambaram and later met Prime Minister Manmohan Singh.      

However, Rao said that the inflationary pressures are likely to continue for next few months because of base effect.

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