Adequate transparency and disclosure help investors to understand the characteristics of the securities they are holding, and make it easier for market participants to value assets, which, in turn, helps to maintain liquid markets. Finally, incentives must be properly aligned to prevent conflicts of interest that can confound and distort the pricing of risk.
The National Bank of Serbia will continue with an effort to stabilize inflation at lower level and maintain sound financial system, which, I firmly believe, is the best way to help the economy in the current circumstances. A further challenge in front of us is to reduce credit risks related to FX exposure, as well as to exposure to interest rate fluctuations.