QFII quota re­mains at $94.49 bil­lion

China Daily (Canada) - - BUSINESS -

China’s dol­lar-de­nom­i­nated Qual­i­fied For­eign In­sti­tu­tional In­vestors pro­gram re­mained at $94.49 bil­lion at the end of Oc­to­ber, the forex reg­u­la­tor said on Tues­day. A to­tal of 287 over­seas in­sti­tu­tions have re­ceived quo­tas un­der the QFII pro­gram to move money into the coun­try’s cap­i­tal ac­count, the State Ad­min­is­tra­tion of For­eign Ex­change said. As of Sept 30, the quota had stood at the same fig­ure — $94.49 bil­lion.

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