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Suppose the funding need of the system was 567 billion NZD as of 10 December 2020 for a country How much FX transaction might the
Suppose the funding need of the system was 567 billion NZD as of 10 December 2020 for a country
How much FX transaction might the central bank of New Zealand have done with the market in 2020?
You may assume that interest paid by the banks to the Central Bank throughout the year was 35 billion NZD.
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