2.79%! The status of the RMB continues to be consolidated, and the proportion of global foreign reserves has reached a new high!

2.79%! The status of the RMB continues to be consolidated, and the proportion of global foreign reserves has reached a new high!

The world is changing, and people are more and more accustomed to using RMB or Yuan as the unit of pricing currency. Against the backdrop of the war in Ukraine, the renminbi has a growing voice in geopolitics and the global economy, and it will get louder for decades to come.

According to the data reported by the Association for Worldwide Interbank Financial Communications, "Renminbi Trends", more than 1,900 financial institutions in more than 100 countries currently use RMB to settle settlements with mainland China and Hong Kong.