But it has also been an active producer of statistics, not only on banking, financial and fiscal variables, but also on firms and households. Banca d’Italia has collected micro-level statistical information on companies since the early 1950s. Back then only a few aggregate statistics were available.
In saying this, I am mindful that those who are bearing the foreign exchange risk might wish to change that exposure, or just slow the rate at which they accumulate it, for one reason or other, at some time or other. What would be the implications of such a change in view?