As you know, the coronavirus pandemic has forced us to embrace the digital realm. And we can harness this to make sure Internet access and mobile phone ownership do not only lead to better social connections and convenient shopping, but also welfare-enhancing financial services.
In this global market the pricing and trading of financial instruments are affected by the underlying performance of the international economy as a whole. The pattern appears to depend above all on the tendency prevailing among instruments denominated in dollars. The influence exerted by US financial markets, and to an even greater extent by dollar-denominated instruments, predominates in the world economy.