By paying interest on reserves, the incentive to engage in sweeps would be sharply reduced and the practice would likely diminish over time, if not end entirely. As a result, bankers could devote their attention to more productive pursuits, and reserve markets would be easier to read. Conclusion I can assure you that I view financial markets as a national resource.
In simple terms, the BRS provides the Reserve Bank with the capability to restore and continue all our essential operations should the Reserve Bank of Fiji building in central Suva be rendered inaccessible for one reason or another. BIS Review 111/2010  1  The benefits of such capability are quite clear.