Volatility in the Markets
Any sharp decline in the stock markets is often accompanied by dire newspaper headlines and panicked television and radio commentators, often with the words turmoil or crisis.
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The Stability of the Domestic Banking System Published: Wednesday March 4th, 2009 Like any significant financial development, the ongoing CLICO matter has generated considerable public concern about the possible spillover effects on the local banking system. However, the Central Bank wishes to assure the public that the unease over the current and potential impact of these developments on the banking system is exaggerated and unfounded. |
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