China's Renminbi to Become Fourth Most-Used Currency: Report

Beijing: China's currency Renminbi (RMB) has become the world's second trade-finance currency after the dollar, and hopes to become the fourth most-used international currency replacing Japanese Yen, according to a report by a Chinese University. RMB is now the world's second trade-finance currency, fifth payment currency, and sixth foreign-exchange currency, said a report by Renmin University of China. Hopefully, it will become th...