Zurich gets RQFII quota, signs MoU on RMB clearing

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By Paolo Danese
22 Jan 2015

The Swiss National Bank announced on January 21 that it had received an Rmb50bn ($8.05bn) RMB qualified foreign institutional investors (RQFII) quota. Switzerland is the fourth European country to receive a quota, bringing the full size of the programme to Rmb820bn.

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