The Business Times
SUBSCRIBERS

Yuan now in world's top five as payment currency

Published Wed, Jan 28, 2015 · 09:50 PM

Hong Kong

CHINA'S yuan broke into the top five as a world payment currency in November, overtaking the Canadian dollar and the Australian dollar, global transaction services organisation Swift said on Wednesday.

After nearly a year firmly positioned at seventh spot, the yuan reached a record-high share of 2.17 per cent in global …

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Banking & Finance

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here