SWIFT: In October, the Chinese Renminbi ranked as the sixth largest payment currency globally, accounting for 2.47%.

The Global Bank Financial Telecommunications Association released the RMB monthly report and data statistics on November 20th, showing that in October, the RMB ranked sixth in the global payment currency ranking based on amount, accounting for 2.47%. In terms of international payments outside the euro area as the statistical base, the RMB ranked seventh with a share of 1.87%.