I, therefore, thought that the best thing that I can do today to facilitate discussion is to provide a brief description and evaluation of India's experience as we have implemented significant structural changes in the framework of monetary and exchange rate management in an increasingly market oriented and open economy. I.
Yet when they do succeed, they can make an irreplaceable contribution to the economy”. Thank you. 1  Joint Communiqué issued by the Mauritius Leasing Company Limited and the European Investment Bank on 19 December 2011. 2  BIS central bankers’ speeches