US Dollar most used currency in the world: SWIFT
Q. As per the Society for Worldwide Interbank Financial Telecommunication (SWIFT), which currency has recently topped the chart of Most-Used Currency in the world?- Published on 23 Jan 15
a. Canadian Dollar
b. Australian Dollar
c. Chinese Yuan
d. U.S. Dollar
ANSWER: U.S. Dollar
U.S. Dollar topped the chart with 44.6%, followed by the Euro and the British Pound with 28.3% and 7.92%, respectively. Whereas Chinese Yuan accounted for a record 2.17% of global payments in December 2014, up from 1.59% in October 2014.