SWIFT: Chinese yuan gains share as world payments currency in January 2016 LeapRate

February 29, 2016 BY Maria Nikolova

SWIFT: Chinese yuan gains share as world payments currency in January 2016

SWIFT 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…

July 29, 2015 BY Maria Nikolova

Renminbi adoption gains pace in South Africa: SWIFT

The latest RMB Tracker by SWIFT shows Renminbi payments accounted for 31% of direct payments value between South Africa and China/Hong Kong in June 2015.

June 26, 2015 BY Maria Nikolova

Chinese Yuan solidifies position as Top 5 payment currency in May: SWIFT

The latest RMB Tracker by SWIFT shows RMB payments accounted for 2.18% of global payments in May 2015.

May 27, 2015 BY Maria Nikolova

Chinese Yuan accounts for 2.07% of global payments in April 2015: SWIFT

The Chinese Yuan retained its position as the fifth most used currency for global payments in April 2015, accounting for 2.07% of world payments.

Tag: RMB tracker