Reuters: Money News: RBI chief says to consider bond sales to drain liquidity

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RBI chief says to consider bond sales to drain liquidity Jul 31st 2013, 09:35 MUMBAI (Reuters) - The Reserve Bank of India will consider bond sales to further drain cash and will "only" roll back current steps to defend the currency in "a calibrated" manner when volatility in exchange rates have subsided, Governor Duvvuri Subbarao said on Wednesday.

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