*  *  *  Your Highness, Sheikh Saoud Bin Saqer Al Qasimi, Crown Prince and Deputy Ruler of Ras Al Khaimah (May Allah protect him) Your Highnesses Ladies & Gentlemen, I would like personally and on behalf of my brothers NAMLC members, to first express my gratitude to H.H.
Ultimately, the size of the balance sheet will be determined by a number of factors, including demand for nonreserve liabilities, such as currency (which has been rising), and, importantly, the 1/3  BIS central bankers' speeches  quantity of reserves necessary to remain reliably on the flat portion of the reserve demand curve.