The opportunity, primarily for banks and other financial institutions, is to find ways to leverage Zambians in the diaspora to use remittance services that will both be profitable for the banks and will also provide them and their families with greater financial access. I thank you for your attention. 2  BIS Review 2/2010
This result was significantly influenced by the positive balance of trade, due to both higher exports and lower imports. In the services balance, reduced shipment costs and the temporary increase in imports of services stood out (figure 7). On the external front, until the beginning of March, there was an environment of higher growth and concern about inflation. On the one hand, the increase in global growth expected for this year was based on upward surprises in the performance of several important economies, such as the United States, China and the Eurozone. On the other hand, in developed world economies, core inflation indicators were high, despite the fall in total inflation. All this heightened the concerns about inflation and the need to raise interest rates by the main central banks. In this scenario, commodity prices rose and risk aversion Fell. In general, interest rates rose as a result of the higher inflation outlook (figure 8). The tone of the external scenario changed significantly in the last month, as doubts arose regarding the financial health of international banks. The problems of several banks in the United States and Europe opened a scenario of greater global uncertainty. This has generated volatility in financial markets, which reduced risk appetite and led to an appreciation of the dollar and a decrease in government bond yields, anticipating a slower pace of rate hikes by the main central banks. It is worth noting that the market anticipates a lower Fed funds rate path than the Federal Reserve itself has communicated.