Along with the fall in stock prices, risk avoidance among investors has grown, leading to increased purchases of government bonds and a moderate downward trend in long-term interest rates. In the foreign exchange market, the dollar has been trading at around 90 yen, while the euro has weakened significantly against the yen.
Like the vision of great leaders that prepares countries for the unforeseen, this vision prepared us for the unanticipated impact of Covid-19 on food production.