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Angola's balance of trade was 817.706 billion kwanzas (.92 billion), resulting from the behavior of oil prices. Oil is Angola's main export product.
Analysts say higher US inflation and interest rates have made holding US treasuries more expensive, reducing overseas demand for US treasuries in recent months.
Analysts said Monday's move has helped to boost market confidence and marked the central bank's largest single-day liquidity injection in history through such an open market operation.
An online intiative aimed to offer support for smoking cessation is launched in Shanghai on Dec 18, 2019. [Photo provided to chinadaily.com.cn]
Analysts say the trend may continue in the coming months, which will help support a stable yuan and balance cross-border capital flows. As a wider opening-up of the country's financial sector unfolds, foreign investor confidence in the Chinese economy will be strengthened further, they said.
来源：资阳报