Yuan's share of global payments by value hits record high in March, SWIFT says

SHANGHAI, April 18 (Reuters) - Share of China's yuan hit a record high of 4.7% of global payments by value in March, retaining the position of fourth most active currency, the global bank messaging network SWIFT said.

The increase in the usage of the yuan comes as the euro's share kept trending lower.

The U.S. dollar kept its position as the most widely used global payment currency, followed by euro and pound. (Reporting by Shanghai Newsroom)