RMB kept its position as the sixth most active currency for domestic and international payments by value in April 2018

According to SWIFT Tracker, in April 2018, the RMB kept its position as the sixth most active currency for domestic and international payments by value with a share of 1.66%.

Overall, RMB payments value decreased by 3.18% compared to March 2018, whilst in general all payments currencies declined by 5.84%.

In terms of international payments only and excluding payments within the Eurozone, the RMB still ranks as eight with a share of 1.03% in April 2018.

swift_rmb_tracker_may_2018

Source Reference: https://www.swift.com/our-solutions/compliance-and-shared-services/business-intelligence/renminbi/rmb-tracker/document-centre

 

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30
May
2018