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RMB moves up in global payments in November: SWIFT
The Chinese currency renminbi (RMB), or the yuan, climbed one position to become the fourth most active currency for global payments by value in November 2023, with a share of 4.61 percent.
December22,2023
RMB remains fifth most active currency for global payments in Jan.: SWIFT
The Chinese currency renminbi (RMB), or the yuan, remained the fifth most active currency for global payments by value in January 2023, with a share of 1.91 percent, said the Society for Worldwide Interbank Financial Telecommunication (SWIFT).
February20,2023
RMB retains 5th spot as currency for global payments
The Chinese currency renminbi (RMB), or the yuan, has retained its position as the fifth most active currency for global payments by value in June 2022, with a share of 2.17 percent, said the Society for Worldwide Interbank Financial Telecommunication (SWIFT).
July22,2022
RMB gains larger share in global payments: SWIFT
The Chinese currency renminbi (RMB), or the yuan, has retained its position as the fifth most active currency for global payments by value in May with a larger share, said the Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global provider of financial messaging services.
June24,2022
RMB retains 4th spot as most active currency for global payments
RMB retains 4th spot as most active currency for global payments
February17,2022
RMB remains the fifth most active currency in global payments in July: SWIFT
China's currency renminbi (RMB) retained its position as the fifth most active currency for global payments by value in July, according to the Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global provider of financial messaging services.
August20,2021
China central bank pushes local financial service through SWIFT JV
China's central bank on Tuesday announced that a joint venture (JV) between global financial messaging service provider SWIFT and four Chinese institutions will offer localized financial services to make cross-border transactions more stable and secure.
March24,2021
SWIFT sets up wholly-owned enterprise in Beijing
The Belgium-based financial messaging services provider SWIFT set up a wholly-owned enterprise in Beijing Tuesday amid China's further opening of its financial market.
August08,2019
27 Chinese banks to provide SWIFT gpi service
SWIFT announced Tuesday that 10 Chinese banks have joined SWIFT global payments innovation (gpi) system and provided the gpi service since its initiation in May of 2017, while 17 more will get started soon.
June06,2018
London ranks first for offshore RMB FX transactions: SWIFT
More than one third of all offshore Chinese renminbi foreign exchange transactions are carried out in the United Kingdom, according to the SWIFT renminbi tracker.
April27,2017
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