Tag: RMB adoption

March 30, 2016 BY Maria Nikolova

SWIFT: Chinese yuan accounts for 1.76% of global payments in Feb'16

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 more