The bank cut commercial banks' statutory reserve requirement from 13.5% to 4% and reduced the bank's three-month intervention rate by 400 basis points to 7%.
Floating the yuan would also relieve the monetary authorities of self-defeating exchange rate intervention.
One thing, generally accepted, is that the Bank of England Monetary Policy Committee's next interest rate intervention will be to lower them, as part of a worldwide move to lower rates.
Indeed, studies have shown that even when emerging-market economies say they are floating (as Malaysia, for example, used to), they tend to rely more heavily than the industrial countries do on interest-rate policy and foreign-exchange market intervention to limit actual movements in the exchange rate.
The obvious policy response is intervention to cap the sterling rate, build up foreign-exchange reserves, and offset the monetary effects by issuing sterling debt.
The reason we give medicines to both pregnant women and their newborns is precisely to prevent HIV exposures in children from becoming established infections, an intervention that can decrease the rate of transmission from about 30% to less than 1% in optimal conditions.
With the nominal exchange rate held down by intervention, this could only come about through a rise in prices, creating expectations of future inflation and so reducing real interest rates.
The market should be anticipating more resistance by threatening further rate cuts and direct spot intervention by the central bank.
The Tuesday tariff is yet another measure aimed at protecting local industry following sector-specific tax incentives (like the auto industry) and a more aggressive intervention policy to maintain the foreign exchange rate between the U.S. dollar and the Brazilian real at weak levels.
Yet he conceded at the weekend meeting that political intervention in the euro's exchange-rate policy should happen only rarely.
"We would not expect, given the strength of the flows, that intervention would materially change the level of the exchange rate, but we could take potentially the tops off rallies, " said Graeme Wheeler, governor of The Reserve Bank of New Zealand.
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By screening victims for risk factors at crime scenes, in hospital emergency rooms, and in court and linking those most at risk with immediate crisis intervention services, Maryland has reduced its domestic violence homicide rate by 34% over the past five years.
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He said that according to the Department for Work and Pensions, 30% of those referred on the programme would find work "regardless of intervention" - but contractors only had to reach a 33% success rate to start making a profit.
Because of narrowing interest rate differentials, concerns about the world economic outlook and the possibility of intervention.
It also kicks off a month-long campaign to raise awareness about the high rate of the disorder and how everyone can get involved to encourage early intervention and more funding.
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In Ratanakiri, home to a large number of indigenous people who do not speak Khmer, for example, the adult literacy rate is just 45.9%, as illiteracy is more common in remote areas where access to intervention is difficult.
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