Renminbi moves up the league table ...

Reuters reports that, according to figures from SWIFT (the global transaction services organization), China's yuan overtook the Swiss franc to become the seventh most-used world payments currency in January.
With a market share of 1.39 percent, the yuan remained one of the top 10 most-used currencies for payments worldwide for the third consecutive month, after ranking eighth in December.
The yuan is now only ranked behind the U.S. dollar, euro, sterling, yen, Canadian dollar and Australian dollar, according to SWIFT.