RMB now top currency for Asia trade with greater China
The renminbi has strengthened its position as the top currency used in Asia-Pacific business with Greater China, accounting for a 31% share compared to 7% in April 2012, according to the latest data released by Swift.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts