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

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

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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