In 2015 and 21316, the banks in country Quarto burrowed abroad at relatiyeiy low interest rates to fund domestic lending. Runaway domestic ination drove Quarto's domestic interest rates up enabling the banks to earn high profits. At the same time, Quarto's central bani: began intervening in the foreign exchange rnaricet to maintain the mine of the country's currency. Comment on the Quarto banks" funding strategy. {5 marks}