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A man talks on his mobile phone as he walks past the logo of RBI inside its head office in Mumbai
RBI move triggers coin shortage
Even on a peak summer day in May, it is easy to notice long queue of people scrambling, outside the office of Reserve Bank of India in Kolkata, for one the most circulated commodity around -small denomination coins, of one two and five rupees. RBI opens up its counters every morning for exchange of high denomination notes with coins, but over the last six months the wait for the small metal pieces
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