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SWIFT: Renminbi remains the world’s fifth most active currency in May

According to data released by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) on June 25, in May 2023, in the global payment currency ranking based on amount statistics, the RMB will remain the fifth most active currency in the world, accounting for 2.54%.

Compared with April 2023, the overall increase in RMB payment amount was 20.38%, while the overall increase in all currency payment amount was 8.75%.

In addition, in May 2023, taking international payments outside the euro zone as the statistical caliber, the RMB ranked sixth, accounting for 1.51%.