Agility is small markets’ strength, says Latvian deputy governor
Nimble central banks should be ‘laboratories’ for innovation, Purgaile tells Central Banking London Meetings
Central banks from smaller economies should leverage their agility to facilitate innovation in the financial system, a deputy governor from the Bank of Latvia has said.
In a keynote speech today (June 10) at the Central Banking London Meetings, Santa Purgaile said central banks sat at the intersection of economics, finance, technology, security and geopolitics.
Small markets cannot outspend large economies. But we can move fasterSanta Purgaile, Bank of Latvia
This, she said, called for them to
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