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Chinese yuan fourth biggest payment currency
Updated: Apr 18, 2024
By Zhou Lanxu
chinadaily.com.cn
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The Chinese yuan has ranked as the world's fourth biggest payment currency for the fifth month in a row as of March, accounting for 4.69 percent of global payments by value, according to global financial messaging platform Swift.
The proportion was up from 4 percent in February and 2.26 percent in March 2023, Swift said in its latest RMB Tracker report on Wednesday.
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