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Montevideo, November 22nd 2024 - 14:30 UTC

Tag: Michael Moon

  • Wednesday, June 11th 2014 - 01:54 UTC

    China's Yuan gaining ground as world currency even for the US

     The US figures only behind Singapore and UK in Yuan payments value

    SWIFT's Tracker for the Chinese currency (Yuan or Renminbi, RMB) shows that United States' Yuan payments value increased by 327% between April 2013 and April 2014, placing the United States at number three 3 in the world for payments value, excluding China and Hong Kong.