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In general terms , it is a small market which the monetary authority can expand in
accordance with reserve capabilities . The second market is the free market ,
which would become the equivalent of the parallel market . " In this free market ,
the ...
In general terms , it is a small market which the monetary authority can expand in
accordance with reserve capabilities . The second market is the free market ,
which would become the equivalent of the parallel market . " In this free market ,
the ...
Página 29
A competitive bidding market has the purpose of preventing the monetary
authority from keeping reserves in excess of what is prudent and to earmark any
excess reserves , for example , from the official market , so that without the need
for ...
A competitive bidding market has the purpose of preventing the monetary
authority from keeping reserves in excess of what is prudent and to earmark any
excess reserves , for example , from the official market , so that without the need
for ...
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