In order to better play the role of central banks in international financial crises, be it the understanding of risks, developing robust systems, or containing crises, the CGFS should work in concert with other fora. For example, of the other Basel-based G10 committees, the Basle Committee on Banking Supervision pays attention to issues involving regulation and supervision of individual banks.
Euro area monetary policy is aimed at ensuring that the euro remains a reliable store of value as reflected in the aim to keep annual inflation close to but below 2% over the medium term. However, another equally important function of money is to be a medium of exchange.