China QFII quota rises
Print Edition
CHINA’S dollar-denominated Qualified Foreign Institutional Investors program rose to US$93.27 billion at the end of July, the forex regulator said.
A total of 284 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 yesterday.
As of June 29, the quota had stood at US$92.72 billion.
As of July 31, the quota in the RMB Qualified Foreign Institutional Investors (RQFII) program stood at 548.2 billion yuan (US$81.5 billion), higher than the 543.1 billion yuan recorded by June 29.
China’s currency, the yuan, is convertible for trade purposes under the current account, while the capital account, which covers portfolio investment and borrowing, is still largely controlled by the state due to concerns over abrupt capital flows in and out of the country.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
