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.

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