Question: 4. Suppose a bank in UAE borrows from the UAE Central Bank marginal lending facility 20 million AED. 30 days later it pays back the
4. Suppose a bank in UAE borrows from the UAE Central Bank marginal lending facility 20 million AED. 30 days later it pays back the loan. Use T-accounts to show the effect of the transactions on the bank and Central Bank balance sheet. (Hint: There should be 4 t-accounts). 7:25 pm
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