For example, in the month of June 2012, 3.43 million transactions amounting to 3067.10 million were processed as compared to 1.41 million transactions amounting to 984.66 million processed in June 2011 – an increase of about 143 per cent in volume and approximately 211 per cent in value terms.
To keep it that way, we must ensure that as financial markets evolve we evolve with them. The Bank will, therefore, continue to work closely with its domestic and foreign partners to strengthen financial stability at home and around the world. Let me now give you a quick overview of the economy.