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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
- Renminbi vs. Yuan: Understanding the Differences - Brookings
The renminbi is the official currency of the People’s Republic of China, and translates to “people’s money ” Its international symbol is CNY (or CNH in Hong Kong; but abbreviated RMB, with
- Why Chinas currency has two names - BBC News
"Renminbi" is the official name of the currency introduced by the Communist People's Republic of China at the time of its foundation in 1949 It means "the people's currency" "Yuan" is the name
- Explainer | China’s yuan vs renminbi: what’s the difference?
Chinese money has two names that are often used interchangeably: the renminbi and the yuan Officially, China’s currency is the renminbi, which literally means “the people’s currency” in
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