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RMB's global payment share up in March(Xinhua) 11:30, April 23, 2023
BEIJING, April 23 (Xinhua) -- The Chinese currency renminbi (RMB), or the yuan, saw its share in global payments rise in March, a report has said.
The RMB's global share was up from 2.19 percent in February to 2.26 percent last month, according to the Society for Worldwide Interbank Financial Telecommunication, a global provider of financial messaging services. The currency remained the fifth most active currency.
In March, the RMB payments value gained 25.04 percent from a month ago, higher than the 21.46 percent increase in that of all payments currencies.
In terms of international payments excluding the Eurozone, the RMB ranked 7th with a share of 1.67 percent.
(Web editor: Zhang Kaiwei, Hongyu)
