November 28, 2015

Japanese yen transactions account for nearly 3% of all global transactions

japanese yen note copyright peter hanami 2011
Picture: Japanese yen note

“According to data from Swift, the international currency clearing system….the Japanese yen…(accounted for) 2.7 per cent of (all) transactions(in 2014)”

Source: Renminbi hits top five for global transactions by Josh Noble, The Financial Times, Australian Financial Review Newspaper, Friday January 30th, 2015, page 20.

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