Lo yuan, which this summer underwent a sharp devaluation at the behest of the Chinese government and is still valid today $0.157319, just became the fourth most used coin on the planet. The currency, used domestically by 1,3 billion people, passed it in August yen in international financial transactions and is now preceded only by the dollar, euro and pound sterling.
This was reported by the organization of international transactions SWIFT. The yuan's (renminbi) share in global payment transactions increased in August to 2,79% in value versus the yen's 2,76%. In three years, again according to SWIFT, the yuan has surpassed seven currencies, occupying seventh place in 2012. "The currency has emerged as the dominant financial exchange after the dollar," says the organization. In August the dollar occupied first place (at 44,82%), followed by the euro (27,2%) and the pound (8,45%).
