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Bookmark or Share- A Quick Guide to Chinese Currency - The China GuideThe 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. You can write either CNY 1,000 or RMB 1,000. The official symbol for the Chinese yuan is ¥.
- Explainer | China’s yuan vs renminbi: what’s the difference?What’s the difference between the renminbi and the yuan? Chinese money has two names that are often used interchangeably: the renminbi and the yuan. Officially, China’s currency is the...
- Renminbi vs. Yuan: Understanding the Differences - BrookingsThe 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 ...
- Yuan vs. Renminbi: What's the Difference? - InvestopediaChinese 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 subtle. RMB is the official...
- Renminbi vs. Yuan - What's the Difference? | This vs. ThatThe Renminbi is the broader term encompassing all forms of Chinese currency, while the Yuan is the specific unit of the Renminbi. Understanding these differences is crucial when discussing the internationalization of the Renminbi, its role in global trade, and its reserve currency status.
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