Ren Min Bi

Article

May 28, 2022

Renminbi (simplified Chinese: 人民币 ; Traditional Chinese: 人民幣 ; Pinyin: rénmínbì ; literally means It is the official currency of the People's Republic of China, issued by the People's Bank of China, the monetary unit of the People's Republic of China. Mainland China. The abbreviation in ISO 4217 is CNY.

Renminbi's currency

Renminbi's basic currency, the yuan (yuán), is typically written in the letter 元, but traditionally The letter 圆 is used to prevent counterfeiting. Sometimes the name of the currency (Ren Min Bi) is confused with the word for money (yuan) and on occasion. Yuan is also referred to as the dollar, and the abbreviation RMB¥ is sometimes written as CN$.

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chinese economy

References

Other Resources

foreign exchange rate Renminbi Heiko Otto (Co.). "Yuan Renminbi - China's Past and Present Banknotes (CNY / RMB) 1953-2019". Retrieved 2019-11-14. (England) (Germany) ( France) Heiko Otto (Co.). "Ruan Certificate - Foreign Exchange Certificate (FEC) of the People's Republic of China 1980-1994 (1980-1994)". (English) (Germany) (French)