Please discuss, in your own words, the impact of the current COVID-19 pandemic on international finance and exchange rate movements over the last seven or eight months.
Be sure to specifically discuss the impact, if any, of the recent changes in the official and the free-market interest rates, as well as the support/actions of leading central banks, like the European Central Bank (ECB), the Bank of England (BOE), the US Federal Reserve (FED), etc.
Be sure to support your answers and discussion with some data. State any specific assumptions you make. Web addresses for the ECB (www.ecb.int), BOE (www.bankofengland,co.uk), US Federal Reserve (www.federalreserve.gov), etc. You may also want to refer to the information publicly disclosed by other leading participants, like the Federal Reserve Bank of New York (www.frbny.org), and other large, internationally active, banks and financial institutions.
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