Yuan overtakes euro

Yuan has surpassed the euro and has become the second main currency in global trade for the first time. The Chinese currency’s share in international payments has increased from 4.82% in August 2023 to 5.8% in September, which is the highest level in the past 5 years of available statistics. The dollar still maintains its first place - in September, its share in trade settlements rose to 84.15% compared to 83.95% the previous month.