(Yicai Global) Dec. 8 -- The People's Bank of China injected CNY40 billion (USD6.1 billion) into the financial system today by conducting open market operations after pulling out 10 times that yesterday.

The bank carried out CNY60 billion in 7-day reverse repos today against a maturing tally of CNY20 billion.

The purpose of the operation is to keep the liquidity of its financial system "reasonably ample," the regulator reiterated in a statement today.

Editor: Emmi Laine