The RBI has also been able to use open market operations effectively to manage the impact of capital flows in view of the stock of marketable Government securities at its disposal and development of financial markets brought about as part of reform.
The company 3/4  BIS central bankers' speeches  has undergone a top-to-bottom overhaul of its governance arrangements and its business practices. I am confident that the company is operating to the very high standards that we demand and that it will continue to do so. On a more positive front, over recent months, NPA has been printing Australia’s new $ banknote.