A 100-yuan note bearing the picture of Mao Zedong is seen. The yuan is now the world's 5th biggest payment currency. Photo: Simon SongA 100-yuan note bearing the picture of Mao Zedong is seen. The yuan is now the world's 5th biggest payment currency. Photo: Simon Song
A 100-yuan note bearing the picture of Mao Zedong is seen. The yuan is now the world's 5th biggest payment currency. Photo: Simon Song
Business /  Banking & Finance

China’s yuan now the world’s 5th biggest payment currency - SWIFT

“The RMB breaking into the top five world payments currencies is an important milestone,” said Wim Raymaekers, Head of Banking Markets at SWIFT

Topic |   Yuan
Jeanny Yu
Jeanny Yu

Updated: 8:55am, 29 Jan, 2015

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A 100-yuan note bearing the picture of Mao Zedong is seen. The yuan is now the world's 5th biggest payment currency. Photo: Simon SongA 100-yuan note bearing the picture of Mao Zedong is seen. The yuan is now the world's 5th biggest payment currency. Photo: Simon Song
A 100-yuan note bearing the picture of Mao Zedong is seen. The yuan is now the world's 5th biggest payment currency. Photo: Simon Song
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