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The renminbi (RMB, also known as Chinese yuan; ISO code: CNY) is the official currency of the People's Republic of China. [1] Although it is not a freely convertible currency , and has an official exchange rate , the CNY plays an important role in the world economy and international trade .
In other cities whose population is over one million, 12,000 RMB per year (1,000 RMB per month). In other cities whose population is one million, 9,600 RMB per year (800 RMB per month). If a couple share the same working city, only one of the two is entitled to the deduction. If the couple works in different cities, both are entitled to the ...
The Cross-border Interbank Payment System (CIPS) is a Chinese payment system that offers clearing and settlement services for its participants in cross-border renminbi (RMB) payments and trade. CIPS is backed by the People's Bank of China and was launched in 2015 as part of a policy effort to internationalize the use of China’s currency.
Renminbi Database The Renminbi (RMB) database is focused on relevant materials towards RMB research. Content includes RMB reports from academic journals, books, research papers, policy reports, research meetings, and syllabus that are within the sub-databases of the China Economic Databases platform.
They only had 3000 RMB cash but owed 2 million RMB debts. But after Duan's struggle, it quickly became top producer of the "learning computer" (Chinese: 学习机 ). Branded as Subor ( Xiao Ba Wang , Chinese : 小霸王 ) it was very successful at producing famiclones for the Chinese and other markets.
The Philippine peso, also referred to by its Filipino name piso (Philippine English: / ˈ p ɛ s ɔː / PEH-saw, / ˈ p iː-/ PEE-, plural pesos; Filipino: piso [ˈpisɔː, ˈpɪsɔː]; sign: ₱; code: PHP), is the official currency of the Philippines. It is subdivided into 100 sentimo, also called centavos.
The top prize is 10,000 Renminbi (about US$1,460). The contestant can win 5,000 Renminbi if he/she answers all 12 questions correctly, these questions consist of 6 primary school level, 3 junior secondary school level and 3 senior secondary school level questions. An extra 5,000 Renminbi prize will be awarded if he/she get the bonus question right.
Following the Internationalization of the renminbi in the late 2000s and the inclusion of the Renminbi in the special drawing rights, there has been some debates to peg the Hong Kong dollar with the Renminbi, instead of the United States dollar. Studies shows that, if the Hong Kong dollar were to be re-pegged to the Renminbi, it would need over ...