It will work toward the 1/2  BIS central bankers' speeches  formation of the most appropriate yield curve with a view to maintaining the momentum toward achieving the price stability target of 2 percent, while taking account of developments in economic activity and prices as well as financial conditions.
At the current juncture, it is expected that the fall out from the US sub prime crisis is likely to be limited for Asian banks and can easily be accommodated within their current rating positions. According to Moody’s, exposures of Asian banks have book values that do not exceed 10-35 per cent of annual pre-tax pre-provision profits.