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The renminbi (Chinese: 人民币; pinyin: Rénmínbì; lit. 'People's Currency' Chinese pronunciation: [ʐə˧˥nmi˧˥npi˥˩]; symbol: ¥; ISO code: CNY; abbreviation: RMB), also known as the Chinese yuan, is the official currency of the People's Republic of China.
It is also used as a synonym of that currency, especially in international contexts – the ISO 4217 standard code for renminbi is CNY, an abbreviation of "Chinese yuan". (A similar case is the use of the terms sterling to designate British currency and pound for the unit of account.)
CNY is the ISO 4217 code for Renminbi, the currency of the People's Republic of China. CNY may also refer to: City of New York , the most populous city in the United States
Chinese New Year, alternatively referred to as the Spring Festival, is also commonly called the Lunar New Year – an inclusive name reflecting that many countries, not just China, recognize the ...
Follow these Chinese New Year traditions and you practically ensure a wonderful new year! 1. Wear red, not white. White symbolizes death in the Asian culture so wearing predominantly white is a no ...
Digital renminbi (Chinese: 数字人民币; also abbreviated as digital RMB and e-CNY), [1] or Digital Currency Electronic Payment (DCEP, Chinese: 数字货币电子支付; pinyin: Shùzì huòbì diànzǐ zhīfù), is a central bank digital currency issued by China's central bank, the People's Bank of China. [2]
Lunar New Year, also known as the Chinese New Year and Spring Festival, marks the end of winter and the arrival of the spring season on the lunisolar calendar. Plus, it signifies the start of the ...
Renminbi currency value is a debate affecting the Chinese currency unit, the renminbi (Chinese: 人民币 Code:CNY). The renminbi is classified as a fixed exchange rate currency "with reference to a basket of currencies ", [ 1 ] which has drawn attention from nations which have freely floated currencies and has become a source of trade friction ...