Reforms in the foreign exchange market will continue to be an on-going process and will have to be harmonised with the evolving macroeconomic environment and the needs of the real economy as well as the development of other segments of the financial market, particularly the money, the equity and the government securities markets. Thanks for your attention. 6  BIS central bankers’ speeches
Overall, we expect the economic recovery to continue, albeit at a somewhat weaker pace than earlier expected, reflecting in particular the slowdown in emerging market economies, which is weighing on global growth and foreign demand for euro area exports.