BIS Review 87/2007  1  Greater uncertainty is a good exercise to understand that it is possible to live with international volatility, without fearing for the future of our savings or the stability of our jobs.
Action taken, encompassing a set of financial and banking regulations and direct intervention in the monetary, foreign exchange and financial asset markets, responds to a preventive and consistent strategy developed in the past few years to ensure the necessary capacity and strength to prevent frights in times of turbulence. Prudential foreign reserve accumulation is an example that speaks for itself.