Sustained progress has been made in financial market reform and integration with the world market. We will continue efforts to develop financial market, further open up the market in a gradual and orderly manner and promote RMB’s free convertibility steadily. To conclude my speech, I wish the Forum a great success and all participants good health! 2  BIS Review 94/2006
We also differ to most central banks in that we publish an interest rate track that we think would be necessary to achieve our inflation target. These differences do not appear have made a difference in the ability to achieve the inflation target. How did the inflation targeting framework cope with the most recent business cycle in New Zealand?