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SWIFT: USD Shr in Global Payments Below 50% in Feb; RMB Shr Hits 6-Mth High
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The USD’s share in global payments busted below 50% in February, reaching approximately 49%, while the RMB’s share ascended to a six-month high, increasing from 3.79% in January to 4.33%, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) announced. In February, the EUR accounted for 22.3% of usage, GBP for 6.89%, and JPY for 3.68%. AAStocks Financial News |
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