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Uncertainty in the money supply mechanism and interbank markets in Colombia

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Academic year: 2021

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Figure

Figure 1: Spread between the interbank interest rate and policy rate, and daily reserves
Figure 2: Central Bank REPO operations and transactions in the total interbank market, billion of pesos
Figure 3: Daily activity in the model
Figure 4: Interbank interest rate for the last day of the requirement period
+6

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