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Explain in your own words what Liquidity Risk is and what its main causes in financial institutions are (Refer to Chapter 12 of your textbook).
Explain in your own words what Liquidity Risk is and what its main causes in financial institutions are (Refer to Chapter 12 of your textbook).
2) In your opinion, how has the COVID-19 pandemic affected the liquidity of financial institutions? What measures could be undertaken to manage liquidity risk under the COVID-19 pandemic?
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