The World's Fourth Largest Payment Currency Chinese Yuan - 07/18/2024

Chinese Yuan is displayed in Yichang, Hubei province, July 19, 2024. On July 18, according to the latest data released by the Society for Worldwide Banking Financial Telecommunication (Swift), in June 2024, in the global payment currency ranking based on the amount of statistics, the RMB maintained the position of the fourth most active currency in the world, accounting for 4.61%, an increase from 4.47% in the previous month. This is the eighth consecutive month that the global payment ranking of RMB has remained the fourth place in the world, and it is also the eighth consecutive month that it has surpassed the yen.