China’s yuan slides to 2.38% of global SWIFT payments in April, dropping two spots to sixth place
In April, the Chinese yuan's share of global SWIFT payments fell to 2.38%, dropping it to sixth place among currencies. This decline was marked by a 14.14% decrease in RMB-denominated payment values compared to the previous month. The overall global payments increased by 1.35% during the same period, highlighting the yuan's struggles in the international market.
- ▪The yuan's share of international payments dropped from 3.10% in March to 2.38% in April.
- ▪RMB-denominated payments fell by 14.14% month-on-month in April.
- ▪Overall global payments in all currencies rose by 1.35% during the same period.
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China’s yuan slides to 2.38% of global SWIFT payments in April, dropping two spots to sixth place The renminbi lost ground against every major currency in April as payment values fell over 14% month-on-month, underscoring the limits of Beijing's internationalization push. Share Add us on Google by Editorial Team May. 21, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); The Chinese yuan just had a rough month on the global payments…
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