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A banking crisis usually arises when banks borrow funds in short term financial markets and lend fund to high-risk borrowers for long periods there is lax supervision of banking operation

A banking crisis usually arises when banks borrow funds in short=term financial markets and lend fund to high-risk borrowers for long periods. there is lax supervision of banking operations by government regulators. bank managers believe that exchange rates are not very likely to change in the future. all of the above.

Apr 03 2020 View more View Less

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