Thus, for instance, while there is a preference for flexible exchange rates, it is more willing to accommodate other exchange rate regimes: while it still sees merit in capital account liberalization, it now emphasizes to countries the potential risks of such a move.
The new conditions make it imperative for the banking sector to change its business model The banking sector, just like the economy as a whole, has found itself up against unprecedented challenges and has had to deal with a number of factors that have affected its performance and generated conditions of uncertainty.