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Últimas Noticias Económicas

The yuan is losing ground in international transactions

Octubre, 31 2024

According to data collected by the SWIFT system, the participation of the Chinese currency in international financial transactions has significantly decreased over the past month. The share of transactions using the yuan decreased to 3.6%, which is 1.1% lower than in August. Earlier in July, this figure reached a historic high of 4.7%.Experts cannot yet unequivocally determine the reason for this decline, but some attribute it to the easing of pressure on the yuan exchange rate observed in the f... Leer más

Últimas Noticias Económicas

The yuan is losing ground in international transactions

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