Malaysia’s central bank gets third highest QFII quota
Bank Negara Malaysia becomes the eighth manager to hit $1 billion in QFII quota after receiving $600 million in Safe's July batch. Ontario Teachers is among the other winners.
Malaysia’s central bank has received the third highest QFII quota at $600 million in the latest batch of awards to overseas institutions from China’s State Administration of Foreign Exchange (Safe).
It brings Bank Negara Malaysia’s total qualified foreign institutional investor (QFII) quota to $1 billion, putting the Malaysian central bank in an elite group: the Qatar Investment Authority, Government of Singapore Investment Corporation, Hong Kong Monetary Authority, Abu Dhabi Inve…
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