January 14, 2016 BY Maria Nikolova
SWIFT: Chinese yuan gains share as world payments currency in Nov'15
The Chinese yuan has gained share as international payments currency in November 2015, according to the latest SWIFT RMB Tracker. The data shows that the Chinese currency accounted for 2.28% of global payments in November 2015, up from a share of 1.92% in October 2015. The yuan, however, still lagged behind the Japanese yen (2.68%…
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