The  BIS Review 38/2009  1  Committee will do this through a combination of initiatives, which I will describe momentarily. Our press release also noted that the Committee will review the regulatory minimum level of capital, taking account of these initiatives.
When the foreign exchange market was characterised by considerable uncertainties in May to June 1998, several measures were announced by the RBI in June 1998 to reverse the demand/supply mismatches in the market. The market responded positively to these measures, but in August 1998 there were fluctuations in the exchange rate in view of international developments.