Home>>
RMB retains 5th spot as currency for global payments
(Xinhua) 09:40, July 22, 2022
BEIJING, July 21 (Xinhua) -- The Chinese currency renminbi (RMB), or the yuan, has retained its position as the fifth most active currency for global payments by value in June 2022, with a share of 2.17 percent, said the Society for Worldwide Interbank Financial Telecommunication (SWIFT).
The value of RMB payments increased by 6.61 percent compared to May 2022, while in general, all payments currencies increased by 5.3 percent, according to SWIFT, a global provider of financial messaging services.
Regarding international payments, excluding those within the Eurozone, the RMB ranked sixth, with a share of 1.45 percent in June 2022.
(Web editor: Wu Chaolan, Liang Jun)
Photos
Related Stories
- Cross-border RMB settlement makes new progress
- RMB gains larger share in global payments: SWIFT
- RMB assets show growing appeal for global investors
- Former IMF Secretary: Higher weighting of RMB in SDR basket to facilitate RMB’s internationalization
- Interview: RMB's use on rise in int'l payments, says expert
About People's Daily Online | Join Us | Contact Us
Copyright © 2022 People's Daily Online. All Rights Reserved.
Copyright © 2022 People's Daily Online. All Rights Reserved.