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Euro beats US dollar as world’s most used currency, SWIFT says
The US dollar has lost to the euro as the number one currency for global transactions for the first time in nearly eight years, said the Society for Worldwide Interbank Financial Telecommunications (SWIFT). According to Bloomberg citing monthly SWIFT data, the last time the euro was in the number one spot was February 2013.  Data from SWIFT, which handles cross-border international payments for more than 11,000 financial institutions in 200 countries, showed the European Union’s single currency was the most used one last month. It was followed by the greenback, then the British pound, and the Japanese yen. In the fifth spot was the Can

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