Bankers and regulators have come under increasing pressure to implement reforms, improve supervision, curb  BIS Review 140/2010  1  excessive compensation and limit their appetite for risks so that the stability of the financial system is preserved.
Nevertheless, the indirect impact of the crisis through reduced global demand for our exports and tourism services, together with the adverse effects of the floods and cyclones on major domestic industries, hugely impacted our balance of payments, which deteriorated significantly early last year, prompting the Reserve Bank to put in place specific policies as a response to the In favourable economic situation.