I do not doubt that we can collectively rise to these challenges. *  BIS Review 8/1999  *  *
*  *  *  Good evening, Ladies and Gentlemen It is once again an honour for me to welcome you to the annual cocktail of the Financial Markets Department (FMD). This cocktail is a small gesture from the South African Reserve Bank (Bank) to show appreciation for the good working relationship we have with you, our partners in the financial markets.