The abbreviation RMB is not an ISO code but is sometimes used like one by banks and financial institutions. The currency symbol for the yuan unit is ¥, but when distinction from the Japanese …

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 …

Learn about the Chinese currency RMB (Yuan) — its history, symbols, exchange rates, and role in global trade and China’s economy.

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 …

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 …

Get Chinese Yuan Renminbi rates, news, and facts. Also available are services like cheap money transfers, a currency data API, and more.

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 …

Apr 10, 2024 · The renminbi (RMB), also known as the Chinese yuan, is the official currency of the People’s Republic of China. It plays a crucial role in the country’s economic system and …

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 …

When used in English in the context of the modern foreign exchange market, the Chinese yuan (CNY) refers to the renminbi (RMB), which is the official currency used in mainland China.