SWIFT has earlier today published the latest edition of its RMB Tracker, the monthly report that monitors the international adoption of the Chinese currency. The yuan accounted for 1.76% of international payments by value in February 2016, down from a share of 2.45% in January 2016. Despite the fall, the Chinese currency remains at #5…
Read moreSWIFT has just published the latest edition of its RMB Tracker, the monthly report that monitors the international use of the Chinese currency. The latest report shows that the Yuan gained some share as a world payments currency in January 2016, although it stayed at #5 in the ranking. The RMB accounted for 2.45% of…
Read moreThe latest SWIFT RMB Tracker is out, showing that the Chinese yuan stayed at the fifth position in the ranking of world payment currencies in October 2015. In October 2015, the RMB accounted for 1.92% of global payments. At the same time, RMB payments value decreased by 23.53% compared to September 2015, whilst in general…
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