In the medium term, inflation is expected to converge to its regional average at 3.5–4.0%. On the external side, current account and capital account is expected to continue in surplus of $ billion and $ 8 billion consecutively, support the continuingly surplus balance of payments and drive to higher international reserve.
To ensure transparency in Interest Rate Swaps (IRS) trades, banks and PDs have been mandated to report the inter-bank/PD IRS trade data since August 2007. Forex forwards, swaps and options are mandatorily reported with phased roll-out of trade reporting since July 2012.