The latest report from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) shows that the percentage of international payments in RMB fell to 1.95% in April from 2.49% in March, off a high of more than 5.5 years and the lowest level in four months. At the same time, the RMB international payment ranking fell one position to the 6th in the world.
SWIFT pointed out that the value of RMB payments decreased by 30.49% in April compared to March, while the overall value of global payments fell by only 11.04% during the same period; if we exclude the international payments ranking in the euro zone, the RMB also dropped one position to 7th place in April, accounting for 1.21%, down from 1.72% in March.
The data show that in the ranking of payment value of major currencies, the U.S. dollar, the euro and the British pound accounted for the top 3 positions in April, with 39.77%, 36.32% and 6.00% respectively. In addition, the Japanese yen and Canadian dollar ranked 4th and 5th with 3.45% and 2.21% shares respectively, while the Hong Kong dollar and Australian dollar ranked 7th and 8th with 1.24% and 1.22% shares respectively.
Recent Comments