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"China’s renminbi has clocked up another major milestone on its march towards internationalisation by breaking into the top five most-used global payment currencies. According to data from Swift, the international currency clearing system, 2.2 per cent of the world’s payments were conducted using the Chinese currency in December, putting it above both the Canadian and Australian dollars for the first time."
"China’s renminbi has clocked up another major milestone on its march towards internationalisation by breaking into the top five most-used global payment currencies. According to data from Swift, the international currency clearing system, 2.2 per cent of the world’s payments were conducted using the Chinese currency in December, putting it above both the Canadian and Australian dollars for the first time."
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