Surpassing the Japanese yen and the RMB as the world's fourth largest active currency
According to the latest report of the global Interbank Financial Telecommunication Association (Swift), RMB is becoming one of the most popular cross-border payment currencies in the world. In December 2021, the share of RMB in international payment ranked fourth. This is the first time since August 2015 that the global ranking of RMB international payment has surpassed the Japanese yen and ranked among the top four active currencies in the world.
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