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On the world map of finance, the dollar has always been the "rich and handsome" that everyone wants to play with him.
But the data seems to show that the campus celebrity's popularity is being hit by cold winds.
According to a report by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), the share of the US dollar in global payments has fallen from more than half of the world to 4708%。
Although this figure still puts it firmly in the top spot of the global currency, it is still more than half of its previous status.
This time it fell to 017 percentage points, as if to tell the world: "I am also vulnerable!"”
And in contrast to the small "heartbreak" of the dollar, the performance of other currencies.
The euro, which holds the throne of the "second millennium" on the currency map, is also in a bad situation, and the share of the payment is 2336% to 2295%, a decrease of 041%。
Although this decline may seem insignificant, it is like a small meteorite that hits the self-esteem of the euro.
One can't help but wonder if this is a harbinger of an even bigger storm on the euro planet
Speaking of it now, the stories of these old currencies seem to inevitably have a bit of a "saturated market" flavor.
The performance of the US dollar and the euro, which are the "happy enemies of the financial world", in the global payment market, has indeed made people's brows furrow slightly.
The financial markets are like a Hollywood blockbusterThere is always some conflict and twist that is needed to catch the audience's eye.
And now, the blockbuster seems to be hinting at new characters on the horizon and an unexpected twist on the storyline.
At this point, we have to ask: in this seemingly stable financial landscape, with a slight retreat of the dollar and the euro.
Could it be that new monetary forces are secretly gathering momentum to attack a system that has long been dominated by the US dollar?
Or is this just a small fluctuation in the financial markets, a "money game" without gunpowder?
If the position of the dollar is a bit "flu not healed".Then the recent situation of the euro may be more like a "midlife crisis".
In terms of currency payment share, the euro is like experiencing the silent embarrassment of a family gathering.
The share has dropped slightly, although it has not reached the point of standing on the roof and shouting "I want to lose my job".
But this 0The 41% drop was enough for eurozone policymakers to grab their calculators and start clicking on the numbers anxiously.
Cutting through the fog of the financial world, we see more than just a game of numbers. This time the euro is "** not just because it doesn't get much like it these days.
In fact, Europe itself is experiencing a series of challenges:From sluggish economic growth to subtle shifts in the political situation.
Coupled with the love-hate relationship between some member states, these are like invisible forces that are quietly pulling at the skirt of the euro.
And in the context of this era of "dollar **, euro mid-life crisis", people began to wonder: will there be a new twist in this currency power showdown?
On the big chessboard of the global economy, every move is heavySo is the euro also quietly planning a brilliant counterattack?
After all, no one wants to be the eternal second child all the time, especially in this unpredictable financial arena.
Looking at the euro now, it seems that it is calming down there, pretending to flip through the "48 rules of self-improvement".
But let's not forget that even after the "mid-life crisis", the euro still has a huge economy and influence.
So when the dust settles, will this dick suddenly make a gorgeous turn and become the new focus of the spotlight?
On the big stage of global currency, the RMB is like a rising star that suddenly rushed to the C position, so that all the spotlights and the audience's eyes focused on it for a while.
This is not a sudden explosion in the traditional sense, but after a long period of precipitation and accumulationQuietly stepping on a solid pace, step by step to the forefront.
First of all, let us admit an indisputable fact: the RMB is indeed a rising star on the road to internationalization, but this "show" does not mean that it only relies on its appearance to win.
In fact, the rapid development of China's economy is like putting a turbocharger on the renminbiLet its influence and use be accelerated on a global scale.
But becoming an international currency star is not an easy task. This road of RMB can be described as a variety of tests on the "Belt and Road".
From the initial "marginal role" to the current "protagonist contender", one of the major challenges facing the renminbi is how to build its own credit and stability, which can be much more complex than participating in the "currency talent show".
Every appearance in the international market is like a silent PR activity, demonstrating the strength and stability of China's economy.
And in this challenge, the RMB seems to have learned a few tricks of "financial tai chi", in the wind and waves of exchange rate fluctuations and war.
Its steady pace and growing trading volume have made some of the older currencies start to sneak in on its face.
However, it is not all smooth sailing, and it is also facing pressure to open up its capital account and complex international political and economic situations.
In this smokeless war, will the renminbi be able to maintain its charm and competitiveness?
Such a rise has naturally triggered various speculations and discussions. Some say the renminbi is the next world currency hegemon, while others believe it will take time.
But in the midst of all this speculation, one thing is certain: the renminbi is rewriting the rules of global financeAnd this process of change is full of uncertainty and suspense.
So can the renminbi really shake the hegemony of the dollar in the future?How will it exert its influence on the international financial arena?
In the sea of global finance, the SWIFT system is like a huge fishing net, and almost every financial transaction information has to roll on this web.
But don't think that this web is forever, and new financial channels are quietly weaving some patches for it"New tricks", trying to embroider some new patterns on the basis of this old net.
Admittedly, the Swift system is really bullish, and it handles trillions of daily transactions.
It can be said that without it, global financial transactions would be like an airplane without navigation, and it would not know where to fly.
But with the development of technology, people began to feel that the plane had to be changed to a new navigationThat's why various emerging payment systems and cross-border trading platforms have popped up.
The emerging system is not only blowing a wind of technological innovation, but also a wind"I can too"The wave of self-confidence.
Some of them are like "little fresh meat" in the financial world, with high appearance, many functions, and fast speedAs a result, some traditional banks have to start paying attention to the movements of these "young people".
For example, the payment systems enabled by blockchain technology have the advantages of security and transparency.
It's like putting on a body armor for financial transactions, although it is a little tight, but it is full of security.
However, the development of emerging systems has not been smooth sailing. After all, the SWIFT system is like an old tree, and it is not easy to shake it.
While the new system pursues innovation, it also faces issues such as regulatory compliance, market acceptance, and compatibility with existing financial architectures.
It's not simple"The new official took office with three fires", but it needs one"Protracted war"。
However, it is undeniable that with the changes in the global political and economic landscape, some countries have begun to look for alternatives to SWIFTThis is undoubtedly an opportunity for emerging systems.
Just like a few friends, seeing the winning generals on the basketball court showing fatigue, they secretly geared up and prepared to go on the court to grab the ball.
In this competition for financial channels, every contest between the old and new systems seems to tell us that the world of finance has never lacked passion and change.
In short, the change and competition of financial channels is not only a contest of technology, but also a drama of reshaping global financial power.
In the future, we may witness the rise of some new systems, and we may also see the evolution of the SWIFT system.
In any case, every change in the financial world deserves our attention and curiosity – after all, who doesn't like to watch a great drama of change?
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