The latest transaction data compiled by the Global Bank Financial Telecommunications Association (SWIFT) show that in July, RMB accounted for more than 3%of global payment.
According to Bloomberg News on Thursday (August 24), as the renminbi gradually integrates into the global foreign exchange flow, RMB -related transactions have increased.In July, the proportion of instructions sent through SWIFT involved more than 3%of the RMB. This was the second time since the record, which was about 0.03%in 2010.
Data also show that the proportion of related transactions in the US dollar in July rose to 46%of the record, and this number 10 years ago was slightly higher than one -third.
In terms of ranking, the US dollar is the highest, followed by the euro, pound, yen and RMB.
Bloomberg reported that although SWIFT's data did not cover the entire foreign exchange market, it supported a view that the role of the US dollar in international finance was still strong, although some more diversified diversion appeared, although there were more diversified diversion,Signs, for example, a multilateral loan institution founded by the BRICS countries aims to increase the proportion of local borrowing from less than 20%to 30%.
The growth of US dollars in Swift transactions is largely at the expense of the euro. The share of the euro reached 46%in 2012.Last month, the share of the euro fell to the lowest level since the record, less than a quarter.