But then, this is just as well because, as I said before, this is not the dharma of business and industry whose cardinal principle it must be to earn their market-competitive return on equity from their normal core business risks only to the complete exclusion of foreign exchange, interest rate and commodities price risks! 6.
The pervasive problem of inequality, the fast pace of technology and digitisation, the interconnectedness of markets, globalisation, regionalisation, a growing millennial population and other dynamics highlight the need for us to evolve, address issues in possibly non-traditional ways, and be steps ahead. Towards this end, the BSP has woven in financial inclusion to its traditional objectives.