The share of the yuan in global payments rose to a record high in March, remaining the world's fourth most active currency ahead of the Japanese yen, data from global payment services provider Society for Worldwide Interbank Financial Telecommunication (SWIFT) revealed on Thursday. According to SWIFT, the share of international trade using yuan settlements in March grew to 4.69 percent from 4 percent a month earlier, the highest level since SWIFT established a new reference system last July. It mirrors a steady progress in the yuan's internationalization, the growing appeal of the yuan as a currency for global ... (full story)