The share of the euro in international payments decreased for the second year in a row, while the demand for the dollar, on the contrary, noticeably increased. This is shown by data of the international system for interbank information and payments SWIFT, analyzed by RIA Novosti.
Thus, according to the results as of December 2022, the share of the euro in international payments was 36.34%, decreasing by 0.31 percentage points during the year. The euro lost ground for the second consecutive year, losing 0.36 percentage points during this period.
The dollar, on the contrary, is steadily gaining ground in international payments, showing an increase of 1.38 percentage points over the past year.
And for the last two years (2021 and 2022), the demand for dollars for international payments increased by 3.16 percentage points, to 41.89%.
Also, the five most popular currencies as of December last year (and, accordingly, the most used in international payments) include the British pound (third place), the Japanese yen (fourth place) and the Chinese yuan (fifth place). Moreover, their positions in the “ranking” have not changed compared to a year earlier.
Last year, the share of the British currency decreased by 0.42 percentage points, of the Japanese currency – by 0.71 percentage points. However, the popularity of the Chinese yuan is up 0.27 percentage points, as of December 2022, from a year earlier.
