BEIJING -- China's currency was used more than Japan's for international payments in November for the first time since January 2022, capturing the fourth-largest share.
Share of international payments leapfrogs yen on Russia transactions
The yuan surpassed the yen for the first time in a year and 10 months. (Photo by Kosaku Mimura)
BEIJING -- China's currency was used more than Japan's for international payments in November for the first time since January 2022, capturing the fourth-largest share.