That meeting was taking place against the background of the Asian crisis in 1997-98. The Asian region had just come out of the forex crisis of a very destabilising kind. I had used that occasion to review the on-going debate on management of the external sector, particularly the appropriate exchange rate systems, the appropriate intervention policy, and the foreign exchange reserve policy.
*  *  *  The President of the Rotaract Club of Suva, Ms Roshika Deo Distinguished Guests and Participants Ladies and Gentlemen Introductory remarks Good Morning It is not usual for me to be up delivering a speech this early on a Saturday morning! But I am very pleased to join you today for your Business Seminar.