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News Link • China

Payments Using Chinese Yuan Continue to Surge as Currency Tops Russian Rouble in Popularity

• CNS News

press release from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) shows that the value of payments using Chinese Yuan currency grew by 171 percent between January 2012 and January 2013.

In January 2013 alone, payments in the Chinese currency grew in value by 24 percent from December, pushing the Yuan past the Russian Rouble to the thirteenth slot for world currency payments.


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Comment by Powell Gammill
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Year of the yuan: China's explosive currency goes global


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