ECM 102 Money and Banking Assignment Question: Central Bank
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Added on 2020-11-13
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(Alesina & Summers, 1993) Bank of Banks: This function is associated with banking knowledge, which indicates the need for commercial banks to retain part of their financial reserves as deposits in the Central Bank, (Eijffinger & Geraats, 2006) which contributes to strengthening the function of the central bank to control the credit in banks and settle the debts exchanged between commercial banks.
ECM 102 Money and Banking Assignment Question: Central Bank
Added on 2020-11-13
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