remain flexible, constantly iterating financial education approaches to adapt to what works best in the given context. this is where fresh ideas are welcomed, like those being featured and celebrated today. on this, i would specifically acknowledge and congratulate the three winners of the best paper awards today. i understand that the winners and other shortlisted papers will be given the opportunity to publish their research in a renowned academic journal or an edited publication. i trust that their exemplary work will inspire many others to contribute to this area of research. in closing, i am hopeful that all of us here today can be increasingly effective in our shared aim to promote financial literacy in malaysia. today's event is a step in that direction. let us take this opportunity to learn from one another and reimagine new paths forward – helping malaysians regain financial resilience and improve their financial well - being. thank you. 3 / 3 bis - central bankers'speeches

unbiased interventions in the fx market in either direction, which contributed not only to lower core inflation, but also to preserving confidence in the business and investment environment. a stable exchange rate is the key ingredient to monetary and financial stability in serbia and plays an important role in creating a favourable environment for citizens and businesses. the national bank of serbia remains committed to maintaining high fx reserves as the foundations of the country's resilience to external shocks and to safeguarding the stability of the dinar as the pillar of macroeconomic stability. our activities have ensured the reliability of all six payment systems that we operate, as well as the safety and efficiency of execution of payment transactions in those systems. 1 / 3 bis - central bankers'speeches at this moment, apart from the standard account to account transfer, instant payments are also used for the payment of bills by scanning the nbs ips qr code, payment in physical and internet points of sale and transfer of funds via a mobile phone number. we provided to households and corporates an extremely simple model of paying their monthly bills by scanning the nbs ips qr code via mobile banking applications on the bills issued by providers of utility and other services. we enabled the execution of instant payments on points of sale via different methods ( ips show, ips scan ), thus giving a chance to merchants to offer at their points of sale a new, modern instrument allowing funds disposal within seconds, at lower fees, and to independently prepare solutions tailored to their needs. we gave the opportunity to citizens to simply execute instant payments via mobile banking applications, just by entering the mobile phone number of a registered payee or selecting it from their phonebook, without bothering to remember templates or write down or enter the payee's account number. in other words, rather than just dealing with money in its basic form, a traditional task of institutions such as ours, we are stepping up and modernising the financial future of our country, so that each and every citizen has the opportunity to participate in the digital economy with ease and certainty. i recall the day when first ideas about instant payments were no more than an outline on paper, a dream of faster and safer payment in every situation. that outline has long become the reality of the republic of serbia and a part of our everyday habits. the possibilities of cashless payments that we will consider at this conference reflect our wish and determination to continue to exceed the average speed of positive change in the world, because we