ranjan

The impact of Coronavirus is having a serious impact on the global economy and has sent Policymakers looking for ways to respond success in containing the virus comes at the price of slowing economic activity, does not matter whether social distancing and reduced mobility are voluntary or enforced. Such an abrupt rise in uncertainty can put both economic growth financial stability at risk. In addition to targeted economic policies and fiscal measures the right monetary and financial stability policies will be vital source of support and defense the Global economy. Equity market volatility increased sharply in countries around the world. Stock markets in major economies such as in USA, Euro area and Japan, all fell sharply and witnessed a spurt in implied volatility as nervous and restive investors tried to factor in latest risks posed by new virus. As a result sharp increase of uncertainty, credit spreads have widened broadly across markets and investors are reallocating from risks