61(2), pp. 867–892. BIS Review 26/2008  3  problems with these vehicles could have ramifications for the bank, such as the need to provide liquidity support to the vehicle or to incorporate some of the vehicle's assets onto the bank's balance sheet.
With continued price stability, GDP for this year is expected to grow over 8%, which can be seen as another contributing factor for a steady exchange rate. Third, the level of exchange rate is determined overall by foreign exchange demand and supply. It is true that the currency depreciation in some South-East Asian countries does increase the pressure on our export.