2017年-SWIFT环球同业银行金融电讯_RMB_Tracker_March_2017_–_Slides_EN_6页_246kb

RMB Tracker Summary - March 2017

Core Content

The RMB Tracker provides monthly reporting and statistical insights into the progress of the Renminbi (RMB) towards becoming an international currency. The report for February 2017 highlights the continued growth and usage of the RMB in international payments, despite a general decline in global payment volumes.

Main Points

• RMB's Position in International Payments:
  In February 2017, the RMB remained the sixth most active currency in international payments by value, with a share of 1.84%.

• Payment Value Growth:
  The value of RMB payments increased by 4.10% compared to January 2017, while the overall value of all payment currencies decreased by 5.21%.

• SWIFT Network Usage:
  The report is based on SWIFT messages, which are used for customer-initiated and institutional payments. The data reflects the value of payments in the global market.

• RMB Share Over Time:
  The RMB's share in international payments has been tracked since December 2015, showing a gradual increase in its usage over the period.

• Offshore RMB Payments:
  The report also includes data on offshore RMB payments, excluding China. It highlights the evolution of offshore RMB usage, with a focus on Hong Kong as a key offshore center.

Key Information

• SWIFT Overview:
  SWIFT is a member-owned cooperative that provides a secure and reliable communications platform for over 11,000 financial institutions and corporations in more than 200 countries and territories.

• SWIFT's Role:
  It enables automated and standardised financial information exchange, which helps in reducing costs, operational risk, and inefficiencies. SWIFT also plays a role in shaping market practices and defining standards.

• Disclaimer:
  The RMB Tracker is provided as is, for information purposes only. It does not provide recommendations or advice, and SWIFT disclaims all liability for its use.

Visuals Included

• RMB Share as an International Payments Currency:
  A graph showing the RMB's share in international payments from December 2015 to February 2017.

• Offshore RMB Payments Evolution:
  A graph illustrating the evolution of offshore RMB payments in February 2017, with Hong Kong as a key region.

Additional Resources

• RMB Package:
  A set of tools and services related to the RMB.

• Business Intelligence Solutions:
  SWIFT offers various BI solutions to support users in analyzing RMB-related data.

• Website:
  For more information, visit www.swift.com.

Conclusion

The RMB Tracker for February 2017 indicates that the RMB is gaining traction as an international currency, with a steady increase in its share of global payments. Despite a general decline in payment volumes, the RMB's value increased by 4.10%, reflecting its growing importance in the international financial system. The SWIFT network plays a crucial role in facilitating these payments, offering a secure and efficient platform for global financial transactions.