Industries > Finance

SAFE approves RMB436.5 bln RQFII quotas by Nov. 27

BEIJING
2015-11-30 16:52

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The State Administration of Foreign Exchange (SAFE) had cumulatively approved 436.53 billion yuan of investment quotas for institutions under China's RMB Qualified Foreign Institutional Investor (RQFII) program by November 27, 2015, according to a SAFE statement published on Monday.

Meanwhile, the SAFE granted investment quotas totaling 79.1 billion US dollars and 90 billion US dollars for QFIIs and Qualified Domestic Institutional Investors (QDII), respectively, by November 27.

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