Furthermore, the central bank fully supports the agenda of the business community and is always open for discussion and support. I remain very much confident that the new policies and programs being ushered in would prove conducive to our economy and bring about improvements in our economic development. Thank you for your time! Page 9 of 9
However, an implication of the size argument is that because use by other parties increases the value of transacting in a given currency there is scope for strategic externalities that support the leading currency (Krugman 1980; Rey 2001). As a consequence currency rankings are characterized by a high degree of inertia.