Central Banks Tap Most Yuan Swap Lines With PBOC in Two YearsPosted by MarketsWireGlobal central banks’ use of the People’s Bank of China’s swap lines reached a two‑year high in the first quarter, underscoring rising international demand for the Chinese currency.1 repliestomspark wrote:Not really surprising given how much global trade is denominated in yuan now. The dollar's dominance is eroding faster than people think.