These reforms include the following: i)  The process of upgrading the Reuters system to allow real time reporting and viewing of market activity – thereby enhancing market transparency and minimizing price distortions – is in the final stages of implementation.
Domestic policy anchors The floating exchange rate again proved to be useful, because it eased the immediate inflationary pressures. But at the time, we did not understand that a flexible exchange rate alone does not provide a complete monetary policy framework. What was missing was a nominal anchor.