The Chinese currency, the renminbi (RMB), retained its position as the fifth most active currency for global payments by value as of June 2022, with a share of 2.17 percent, according to the global financial messaging platform SWIFT.
The value of RMB payments increased by 6.61 percent in June compared to May, a faster rise in usage value compared to the 5.3 percent increase in the use of all other currencies in June, said SWIFT.
Regarding international…
