As we reflect on the developments over the last 30 years, I would also like to pay respect to the founding members for this vision, some 30 years ago to establish the first ever Stock Exchange for Fiji. Importance of the capital markets The stock market is often seen as a very significant component of the financial system of any economy.
The quality of the data reported hinges on the reporting mechanisms employed by the industry, and data that are not regularly kept up to date by financial institutions may be of limited value for central banks, too. To a large extent, this aligns the interests of central banks and the reporting parties.