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The situation is such that we must consider also covering demand for reserves connected with limited access to the markets, (and) with the outflow of capital, for a longer period than is proposed by standard approaches to reserve sufficiency, therefore one of the tasks over the period ahead is to grow the reserves over the course of years.
Found on Reuters 9 years ago
In the optimal situation reserves must be enough to cover significant outflows of capital lasting two to three years. Therefore we now consider as very comfortable a level of reserves, covering long stress situations, of up to $500 billion. This is the level that we were used to.
Found on Reuters 9 years ago
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