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In reference to the Peruvian Crisis of 1986, explain why and how the Peruvian central bank lost 75% of of its international reserves in two
In reference to the Peruvian Crisis of 1986, explain why and how the Peruvian central bank lost 75% of of its international reserves in two years. Make sure to use the central bank's balance sheet and a money market diagram to back up the response.
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