Notwithstanding these flows, in the absence of a strong demand for liquidity from the market, drivers of reserve money are compensating each other with the increase in net foreign assets largely offset by a reduction in net domestic assets. 8.
Ladies and gentlemen: All that I have described in my remarks emphasize the need for mutual cooperation and partnership. Indeed, this workshop’s theme is “Building a Platform for Greater Partnership”. Going forward, we at the Central Bank commit to working closely with you in partnership to serve our nation better.