RMB becomes 4th most active currency for global payments: SWIFT
The value of RMB payments increased by 34.6 percent compared to November 2021, while in general all payments currencies increased by 6.44 percent.
In terms of international payments, excluding payments within the Eurozone, the RMB ranked 6th with a share of 1.91 percent in December 2021.
In November 2021, the RMB retained its position as the fifth most active currency for global payments by value, with a share of 2.14 percent.
In terms of international payments, excluding payments within the eurozone, the RMB ranked 6th with a share of 1.38 percent in November 2021.
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