(Yicai Global) Jan. 21 -- The People's Bank of China net injected CNY100 billion (USD14.6 billion) into the banking system via open market operations today, its sixth straight trading day of improving the financial system's liquidity.

The PBOC conducted CNY100 billion worth of 14-day reverse repos with an interest rate of 2.65 percent this morning. No previous open market operations mature today.

The central bank poured CNY250 billion into the banking system yesterday, following a record week of last week with CNY1.1 trillion added to meet the surging demand for cash ahead of Chinese New Year.

Editor: Emmi Laine