China’s yuan surges to 8.5% of global forex trades, holding fifth place globally

China’s yuan has tightened its grip on global currency markets, rising to 8. 5% of all foreign exchange trades this year and keeping its fifth-place ranking worldwide, according to the Bank for International Settlements (BIS) in its 2025 Triennial Central Bank Survey. The number is up from 7% in 2022, extending a climb that has been […] source: https://www.cryptopolitan.com/chinas-yuan-8-5-of-global-forex-trades/