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NEW DELHI: The RBI governor, Mr D Subbarao on Friday met the Finance Minister, Mr Pranab Mukherjee and reviewed the macro- economic situation, ahead of the central bank's monetary policy review next week.

“I reviewed the macro-economic situation with the Finance Minister,” Mr Subbarao said after the meeting. He refused to answer any query on inflation and economic recovery.

The RBI will come out with its monetary review on October 27. It is widely expected to maintain a status quo on policy rates, despite inflationary pressure. - PTI

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