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…
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