04 May 2014
Singapore’s renminbi (RMB) payments value increased by 375% between March 2013 and March 2014, placing Singapore in top spot in terms of RMB world payments value outside of China and Hong Kong, according to Swift’s data. Singapore now makes up 6.8% of the overall RMB payments value, second behind Hong Kong, which still leads with 72.4%.
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- Joy Macknight
- I am deputy editor at The Banker, a Financial Times publication. I joined the magazine in August 2015 as transaction banking and technology editor, which remain the beats I cover. Previously I was features editor at Profit & Loss, an FX and derivatives publication and events company. Before that I was editorial director of Treasury Today following a period as editor of gtnews.com. I also worked on Banking Technology, Computer Weekly, and IBM Computer Today. I have a BSc from the University of Victoria, Canada.