Now, while you don’t have to agree with each and every one of his clear statements, it is difficult to deny that the fiscal rules’ credibility has taken a hit and that their binding force urgently needs to be strengthened.
In addition, the Bank announced that it was ready to help the banks with all the means at its disposal, as necessary, in order to support depositors. 4. The Bank's program to buy foreign currency will continue until the forex reserves reach the level considered appropriate under the current circumstances – between $ billion and $ billion.