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.
ALCHEMPro News Desk (NB)
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