Central banks have increasingly embraced more open communication to counter the criticism that an autonomous central bank comprising unelected decision makers was inconsistent with a democratic structure. Communication in Reserve Bank In the Reserve Bank, we have tried to improve communication not only on monetary policy but across the entire spectrum of our mandate. We have make efforts to demystify the Reserve Bank.
We continue to make explicit efforts to improve the communication of the Reserve Bank. i. Streamlined the policy documents  ii. Forward guidance – manage the risk that market does not ignore the conditionality and interpret the guidance on an irrevocable commitment. iii. Post-policy press conferences and interviews  iv. Teleconference with analysts  v.  Dissemination through our regional offices  vi.