Which have been manifested in volatilities in the financial markets. Take the exchange rate. This slide shows that in 2012, the peso has been on an appreciating trend. Take a look at the stock market. This slide shows an appreciating trend also for the stock market. Take a look at the Tbills market, where yields have been on a downtrend.
Without electricity, it is not possible to use electronic payment tools, such as credit and debit cards, or mobile services, or wire transfers, and electronic cross-border payments cannot be replaced by cash.