What happened was, partly because of the end of the strong dollar and our own [tightening] policies, it [the peso] has now actually appreciated. What have we done [to achieve this]? The most obvious is we raised policy rates.
This is reflected in the fact that, while the heads of all central banks and supervisory authorities will participate in the discussions of the ESRB, only the central banking representatives, ESA chairs and the European Commission will have voting rights.