RMB, Swiss franc stay close in global payments race

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RMB, Swiss franc stay close in global payments race

renminbi counting 230px
FILE - In this Aug. 26, 2015 file photo, a bank clerk counts renminbi banknotes in a bank branch in Huaibei in central China's Anhui province. A series of bungled decisions have escalated doubts about Beijing’s economic stewardship. (Chinatopix via AP, Vile) CHINA OUT | Uncredited/AP/Press Association Images

The RMB regained its position as the sixth most used currency for payments globally in May, beating the Swiss franc to the title by a very narrow margin, according to Swift's RMB tracker. The Chinese currency accounted for 1.61% of all payments last month.

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