Increasing the ratio of what banks need to keep in reserve achieves the opposite result.
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Earlier this month, the central bank slashed the amount of cash banks have to keep in reserve to boost lending.
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This includes its announcement last week that it would reduce the amount of cash banks have to keep in reserve.
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China has cut the amount of cash banks must keep in reserve five times since last year to encourage more lending.
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The People's Bank of China (PBOC) also uses other tools, like dictating how much cash Chinese banks must keep in reserve.
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Ask specific questions about how much money this VC has to invest now and plans to keep in reserve for future financing founds.
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This cuts the amount of cash that some banks must keep in reserve, and is designed to help provide liquidity to small businesses.
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The People's Bank of China announced Wednesday that it will once again reduce the amount of cash banks have to keep in reserve.
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Hong Kong (CNN Business)China took more action Friday to boost its economy, reducing the amount of cash banks have to keep in reserve.
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That would hit the money that Hammond wants to keep in reserve in case Britain's economy needs help as it prepares to leave the EU in 2019.
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Some relief emerged with the news that China's monetary authorities had cut the amount of deposits that banks have to keep in reserve at the central bank.
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It's the fourth time this year it has cut the amount of money banks are required to keep in reserve, but analysts say the problems run deeper.
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Earlier this month, it reduced the amount of cash banks have to keep in reserve by slashing the reserve requirement ratio for the first time in eight months.
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On February 29th the People's Bank of China spurred them on, reducing the amount of cash banks must keep in reserve and so freeing another $100 billion for new lending.
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The central bank relaxed rules on the amount of money commercial banks need to keep in reserve, to free up cash they can use to deal with currency market turmoil.
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The central bank has also lowered the amount of capital that banks are required to keep in reserve, which would in theory allow them to lend more to consumers and businesses.
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The country's central bank has already taken some steps to support its economy, including its announcement last Friday that it would reduce the amount of cash banks have to keep in reserve.
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Policy makers now control rates by paying banks a percentage on the assets they keep in reserve, but those are likely to decline from current levels for reasons out of the Fed's control.
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Britain's budget forecasters are poised to cut their economic growth outlook due to persistently weak productivity, eating into the cash that Hammond had hoped to keep in reserve for any Brexit turbulence ahead.
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At the same time, it is still freeing up money for companies to borrow, through steps like lowering the amount of cash from deposits that it requires China's banks to keep in reserve for unexpected emergencies.
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Just earlier this month, the People's Bank of China tried to stimulate the economy by reducing the amount of cash banks have to keep in reserve, potentially freeing up roughly $115 billion for long-term lending.
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In a sign of the tasks ahead, the People's Bank of China unexpectedly cut the amount banks must keep in reserve on Friday, a measure aimed at easing tight liquidity ahead of the upcoming Lunar New Year holiday.
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APRA, formed in 1998 to oversee the money management of banks, insurers, and pension funds, has largely restricted its mandate to regulating the amounts of cash that industry players keep in reserve to ensure they can meet their obligations.
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Genworth also announced on Sunday that it would have an after-tax charge of $260 million to $300 million in the third quarter after reviewing how much it would have to keep in reserve for long-term-care claims.
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The PBOC on Wednesday announced a relatively small reduction in the amount of capital banks are required to keep in reserve, freeing up additional money ahead of Chinese New Year, when demand for cash increases due to holiday gift giving.
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SpaceX will still plan to build a stock of Falcon 9 and Falcon Heavy that it can keep in reserve to service customers who want that option because of its proven reliability, but it will stop once it establishes a stock and focus on building the BFR.
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Monday marked the first day of trading for the region since the People's Bank of China on Friday said it would reduce the amount of cash banks have to keep in reserve, a move which could unleash 900 billion yuan ($126 billion) for long-term lending.
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