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- Renminbi - Wikipedia
The renminbi (Chinese: 人民币; pinyin: Rénmínbì; lit 'People's Currency' Chinese pronunciation: [ʐən˧˥min˧˥pi˥˩]; symbol: ¥; ISO code: CNY; abbreviation: RMB), also known as the Chinese yuan, is the official currency of the People's Republic of China
- Yuan vs. Renminbi: What’s the Difference? - Investopedia
The Chinese yuan (CNY) and renminbi (RMB) are closely linked terms for China’s currency Renminbi is the official name of China’s currency The renminbi’s principal unit is the Chinese yuan
- Renminbi | History, Definition, Facts | Britannica Money
Renminbi, monetary unit of China One renminbi (yuan) is divided into 100 fen or 10 jiao, and banknotes are issued in denominations from 1 fen to 100 renminbi In 2016 the renminbi became a reserve currency of the International Monetary Fund (IMF)
- Renminbi or Yuan? Understanding Chinas Currency
Renminbi refers to China's entire monetary system, while the yuan is the unit of account within that system The confusion is understandable, especially for those unfamiliar with the nuances of Chinese financial terminology, but once the distinction is clear, it becomes easier to navigate both formal discussions and everyday transactions
- Yuan vs RMB: What is the Difference? - mydayfinance. com
The renminbi (RMB) is the official currency of China, symbolizing the country’s monetary authority The term “renminbi” means “people’s currency” in Mandarin, reflecting the government’s socialist principles when the currency was established
- China needs to take a long-term view and let the renminbi rise
A stronger renminbi would support China’s ambition to climb the value chain with a shift towards more value added investment in green technologies and artificial intelligence
- A Quick Guide to Chinese Currency - The China Guide
The official name for Chinese currency is Renminbi, which literally translates to People's Currency and is abbreviated to RMB The most widespread international usage is yuan, which is abbreviated to CNY
- Chinese Currency: RMB or Chinese Yuan, Money Exchange - TravelChinaGuide
Chinese legal currency is Renminbi, shortened as CNY Also known as Chinese Yuan, it can be used in HK Macau Airports banks offer Chinese money exchange service
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