The Mercator Institute for China Studies (MERICS) asks:
What will be the Chinese renminbi's share as a global payments currency in December 2021, according to SWIFT?
Closed Jan 01, 2022 08:01AM UTC
China is looking to advance the internationalization of the renminbi (Reuters, Bloomberg). The question will be suspended on 31 December 2021 and the outcome will be determined using data for December 2021 reported by SWIFT in its RMB Tracker monthly report when first released, expected in January 2022 (SWIFT). The relevant data can be found in the report's graph titled "RMB's share as a global payments currency." In its March 2021 report, SWIFT reported the RMB's February 2021 share as a global payments currency at 2.20% (SWIFT - March 2021 Report).
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The question closed "More than 2.50% but less than 3.00%" with a closing date of 1 January 2022.
See our FAQ to learn about how we resolve questions and how scores are calculated.
Possible Answer | Correct? | Final Crowd Forecast |
---|---|---|
Less than 2.00% | 10% | |
Between 2.00% and 2.50%, inclusive | 88% | |
More than 2.50% but less than 3.00% | 2% | |
3.00% or more | 0% |
Crowd Forecast Profile
Participation Level | |
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Number of Forecasters | 95 |
Average for questions older than 6 months: 206 | |
Number of Forecasts | 467 |
Average for questions older than 6 months: 586 |
Accuracy | |
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Participants in this question vs. all forecasters | average |