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When it comes to international payments without taking into account the eurozone, the RMB secured the seventh spot with a 1.47 per cent share, according to the Society for Worldwide Interbank Financial Telecommunication.
Moreover, Hong Kong has a 73.85 per cent market share when it comes to offshore RMB transactions, and is followed by Britain, the US, and Singapore, local media reports added.
Fibre2Fashion News Desk (NB)
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
