Figuring out how much money is out there in the world is a pretty tricky task. Money isn’t just cash; it comes in various ...

Today, the most commonly used currencies in the world—like the U.S. dollar and the euro—are fiat currencies. When a country uses a fiat currency as its primary store of value and means of exch ...

This strengthens the RMB’s position as the second most used currency for this purpose, ranking behind the US dollar, which remains the leading currency for documentary credits with a share of nearly ...

According to the People’s Bank of China’s 2015 Renminbi Internationalization Report, the RMB was the world’s 5th most used payment currency, the 2nd most used trade finance currency ...