6  The previous two phases of G20-DGI were focussed on data gaps for (a) monitoring risks in the financial sector; (b) cross-border financial linkages; (c) vulnerabilities to shocks, interconnections and spillover; and (d) communication of official statistics.
In terms of money-based indicators, the proportion of net foreign exchange assets of RBI (NFA) to currency with the public has sharply increased from 15 per cent in 1991 to 109 per cent as at end-March 2002. The proportion of NFA to broad money(M3) has increased by more than six fold; from 3 per cent to 18 per cent.