Global renminbi payments triple in value

RMB overtakes the SEK and NOK in value of payments over the past two years


Payments in the renminbi have tripled in value over the past two years, and more than one-third of all financial institutions now use it for payments to Greater China and Hong Kong, according to the latest data released by payments-processing company Swift.

The renminbi is currently the world's seventh most-used currency in terms of payment value. It has overtaken the Norwegian krone, the Swedish krona, the Thai baht, the Hong Kong dollar and the Singapore dollar since January 2013, when it was

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: