A historic moment in the world economy: the Chinese yuan surpassed the euro for the first time in history and took second place among all world currencies. Such success shows the growing influence of China in global finance.
Currently, the only leader in terms of size remains the US dollar, which holds its position in world finance. In trade settlements, the share of the dollar increased to 84.15%, which is slightly higher than the previous 83.95%.
While the euro is in third place, the Chinese yuan has shown impressive growth, rising from 4.82% to 5.8%. This significant increase indicates the growing importance of the Chinese currency in the world economy, given its initial position in the world market.
