Despite the Renminbi not yet qualifying for official (RMB) reserve currency status, Central banks have caught the renminbi fever, and are showing strong interest in investing part of their foreign-currency reserves in the Chinese currency. More than 50 central banks now actively doing so either onshore or offshore, with uptake strongest in Asia, Africa and South America. Even in Europe, central banks are busy allocating reserves to the renminbi. Earlier this year, Banque de France announced it is active in the renminbi market, and in July the Swiss National Bank received a RMB 15bn investment quota from China's central bank, the People’s Bank of China (PBOC).