The Chinese currency is now the fifth most-used currency for international payments, according to Swift, the organization that banks use to coordinate international transactions.

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  • Yuan becomes world’s second main currency in trade settlements via SWIFT
    The euro ranks third most used currency in international payments. In September, its share decreased to 5.43% from 6.43% in August. The Japanese yen ranks fourth with its share increasing from 1. ...
    10/17/2023 - 7:29 pm | View Link
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