(Yicai Global) July 30 -- The People's Bank of China maintained the banking system's liquidity at an unchanged level by carrying out open market operations today.

The central bank conducted seven-day reverse repos worth CNY50 billion (USD7.1 billion) with an interest rate of 2.20 percent this morning to replace the same amount of previous ones that matured today.

The PBOC has injected a total of CNY260 billion (USD37.2 billion) into the financial system this week while CNY160 billion worth of reverse repos have expired.

Editor: Emmi Laine