The People's Bank of China said on its website that it has released 100 billion yuan (about .6 billion) of liquidity through central treasury cash management tools.
The RRR cut will set free 1.2 trillion yuan (4.7 billion) in the banking system, according to a statement on the central bank website. Among the newly liberated funds, 450 billion yuan will be used to pay back commercial bank borrowings under a facility which expires on Oct 15.
The Party will hold the CPC in Dialogue with World Political Parties High-Level Meeting Africa Thematic Event from July 17 to 18 in Dar es Salaam, Tanzania, taking the initiative in institutionalizing high-level dialogue and deepening cooperation between China and Africa.
The RRR will be cut further by 1 percentage point if the ratio exceeds 10 percent, according to the central bank.
The Raymond James survey also asked users about Amazon Prime, with 44 percent of respondents noting that they have a membership — which costs per year — and plan to keep it, up from 33 percent last year:
The People's Bank of China injected 140 billion yuan (about .8 billion) into the market through seven-day reverse repos at an interest rate of 2.2 percent, according to a statement on its website.
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The Seattle Fire Department told SeattlePI.com that the man leapt from?a rooftop about four stories high?at the 12-story Apollo building at Ninth Avenue North and Thomas Street, and he fell about 20 feet to a balcony below. He was taken to Seattle’s Harborview Medical Center with non life-threatening injuries.
The People's Bank of China, the central bank, allowed most types of foreign institutional investors to invest in the interbank bond market from February 2016, and removed the investment quota in March 2017.
The Pingtan-Taipei ferry service will be suspended on Wednesday, while the Mawei-Matsu, Huangqi-Matsu and Quanzhou-Kinmen ferry services were suspended on Tuesday.
The RRR cuts have helped meet the liquidity demand of the banking system, boost support for small businesses, cut the social financing cost, promote the market-oriented and law-based debt-to-equity swaps, the central bank said.