The world's leading economies need to plug gaps in their rulebooks to prevent digital currencies like the planned Facebook Libra stablecoin from undermining financial stability, the regulatory watchdog for the Group of 20 Economies (G20) said on Tuesday.
Since the immediate aftermath of the attack on the World Trade Center in Sept 2001, investors have been hoarding cash at a rate not seen, BofA's April fund manager survey showed, as the coronavirus roiled global finance markets.
World stocks achieved on Tuesday after Chinese trade data came in better than anticipated and some nations tried to restart their economy by partially lifting restrictions to curb the coronavirus epidemic.
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