RMB retains 5th spot as currency for global payments

25.07.2022

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...