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
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
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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 Song