Apr 11, 2025 · Chinese money is referred to by two names: the Chinese yuan (CNY) and renminbi (RMB), which translates to “People’s Currency.” The distinction between CNY and RMB is …

The renminbi (Chinese: 人民币; pinyin: Rénmínbì; lit. 'People's Currency' Chinese pronunciation: [ʐən˧˥min˧˥pi˥˩]; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of …

Jun 13, 2024 · China’s currency is known by two names: the yuan and the renminbi (RMB). These terms are often used interchangeably, but they serve different functions in the financial and …

May 9, 2025 · RMB stands for Renminbi, which literally means "People's Currency" in Mandarin. It's the official currency of the People's Republic of China. But here's where many people get …

You may have heard Chinese currency referred to as “renminbi,” which is usually abbreviated as RMB. In Chinese, renminbi is written 人民币 (rénmínbì in pīnyīn), which means “the people’s …

Aug 15, 2025 · 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.

Renminbi became the official name of the currency in 1969. As China became one of the world’s preeminent centres of finance and trade in the early 21st century, the renminbi rose as a …

Jan 31, 2025 · The Chinese yuan renminbi is the currency used in the People’s Republic of China. Yuan is the actual unit of currency, while renminbi is the name of the currency itself.

Jun 17, 2025 · What is the Renminbi (RMB)? The term Renminbi (人民币), literally translated as "people's currency", is the official name of the currency of the People's Republic of China.