According to the Federal Reserve’s Senior Loan Officer Opinion Survey conducted in January, the number of banks that reported having eased credit standards for small business lending over the previous three months nearly matched the number that reported having tightened lending standards for the first time since before the crisis began, in the summer of 2007.
The stability of the exchange rate, though with healthy two-way volatility, has helped bring more confidence to the international investors to attract long-term investment into the economy as well as to our local corporate to amicably price their goods & services.