The Chinese yuan, which was the fifth-most-used currency worldwide in 2015, was overtaken by the Canadian dollar last year. Photo: Reuters The Chinese yuan, which was the fifth-most-used currency worldwide in 2015, was overtaken by the Canadian dollar last year. Photo: Reuters
The Chinese yuan, which was the fifth-most-used currency worldwide in 2015, was overtaken by the Canadian dollar last year. Photo: Reuters
Yuan
China

International yuan payment drops sharply in 2016 on depreciation and capital control

The value of international renminbi payments fell 29.5 per cent in 2016

Topic |   Yuan
Frank Tang
Frank Tang

Updated: 7:07am, 27 Jan, 2017

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The Chinese yuan, which was the fifth-most-used currency worldwide in 2015, was overtaken by the Canadian dollar last year. Photo: Reuters The Chinese yuan, which was the fifth-most-used currency worldwide in 2015, was overtaken by the Canadian dollar last year. Photo: Reuters
The Chinese yuan, which was the fifth-most-used currency worldwide in 2015, was overtaken by the Canadian dollar last year. Photo: Reuters
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