RMB Cracks Top 10 Payments Currencies as Corporate Adoption Grows
- By Andrew Deichler
- Published: 1/23/2014
The Chinese renminbi was one of the top 10 most-used currencies for payments in both November and December 2013, according to SWIFT. It currently resides in eighth place.Over the past three years, the RMB has overtaken 22 currencies, most recently the Singapore dollar and the Hong Kong d ...
Copyright © 2022 Association for Financial Professionals, Inc.
All rights reserved.