RMB 4th currency in global payments

By Xinhua News Agency

Mar 31, 2024 12:12 am

BEIJING: The Chinese currency renminbi (RMB), or the yuan, retained its spot as the fourth most active currency for global payments by value in February, according to a report.

The RMB's global share stood at 4 percent last month, a report from the Society for Worldwide Interbank Financial (Swift) said. Swift is a global provider of financial messaging services.

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