RMB Sees Increase in Global Usage, South African Market Penetration

Moderator: moderators

kreslik.news
rank: 5000+ posts
rank: 5000+ posts
Posts: 5193
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 0
Gender: None specified

RMB Sees Increase in Global Usage, South African Market Penetration

Postby kreslik.news » Tue Aug 23, 2016 1:28 pm


SWIFT, a global provider of financial messaging services, has released its monthly tranche of data as part of its RMB tracker, having showed an uptick in the exposure of the Chinese currency relative to others during July 2016 – during July the tracker showed the RMB rose to the fifth most utilized in the world, according to a SWIFT statement.

Take the lead from today’s leaders. FM London Summit, 14-15 November, 2016. Register here!

RMB adoption across the US and international payments venues has waxed and waned in 2016, having been leapfrogged in usage by the Canadian Dollar (CAD) ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”