Renminbi's global share of payments slides

China's currency holds fifth place globally, but overall share shrinks again, Swift says

Sliding transactions: renminbi's global share of payments was 1.86% in August, down from 1.9% last month

The renminbi retained its position as the fifth most-used currency in international transactions, ahead of the Canadian dollar, although its share declined to 1.86% in August from the 1.9% it registered a month earlier, according to payments infrastructure company Swift.

The latest figures show the renminbi slipping by half a percentage point from its record for the year in January, when it accounted for 2.45% of the total, and it is well behind the Japanese yen, sitting in fourth place globally

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: