RMB Usage Rises in September, Overtaking Key Metrics, SWIFT Data Shows

[kreslik.news]

SWIFT, a global provider of financial messaging services, has released its monthly compilation of data as part of its renminbi (RMB) tracker, with the latest figures showing an uptick in its share of RMB usage, in excess of 10% – at the present, over 57 countries have crossed this barrier by usage, illustrating the scope of the currency in 2016.

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The RMB tracker has also shown that seven new countries have joined this list, with many far exceeding a 10% usage of the RMB for ... (read more)