The consequences of these changes for monetary policy must still be digested and analysed in more detail, and some adjustments to the monetary policy model applied by the Reserve Bank may be necessary. Initially, the acceleration in the rate of increase in the money supply had little effect on inflation.
There is a lot of good material in them and there is no point in reinventing the wheel there. The second part of the work addresses those aspects of the foreign exchange market not adequately covered in the existing codes. We need to fill those gaps; for instance, in providing more detail around various aspects of order-handling and execution.