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Articles

RMB Payments Surge in Australia

  • By Andrew Deichler
  • Published: 3/27/2014

Renminbi payments are booming in Austrialia, according to SWIFT data. Nevertheless, the RMB fell behind the Swiss franc as payments currency in February.RMB payments have increased by 248 percent in Australia over the past year, SWIFT said. In February 2014, 14.2 percent of payments betw ...

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