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  1. en.wikipedia.org › wiki › Yuan_(currency)Yuan (currency) - Wikipedia

    The Yuan (/ j uː ˈ ɑː n,-æ n / yoo-A(H)N; sign: ¥; Chinese: 圓/元; pinyin: yuán; ⓘ) is the base unit of a number of former and present-day currencies in Chinese. A Yuan (Chinese: 圓/元; pinyin: yuán) is also known colloquially as a kuai (simplified Chinese: 块; traditional Chinese: 塊; pinyin: kuài; lit. 'lump'; originally a ...

  2. www.investopedia.com › articles › forexYuan vs. Renminbi: What's the Difference? - Investopedia

    Dec 18, 2023 · Learn the meaning and history of China's two official currencies, the yuan and the renminbi, and how they are used in different contexts. Find out how the yuan is traded on international markets and why it is sometimes called CNH.

    • Christina Majaski
    • 1 min

  3. www.britannica.com › money › renminbiRenminbi | History, Definition, & Facts | Britannica Money

    Mar 28, 2024 · renminbi, monetary unit of China. One renminbi (yuan) is divided into 100 fen or 10 jiao. The People’s Bank of China has exclusive authority to issue currency. Banknotes are issued in denominations from 1 fen to 100 renminbi.

  4. www.thoughtco.com › brief-history-of-the-renminbiA Brief History of the Chinese Yuan Currency - ThoughtCo

    Mar 1, 2019 · By. Lisa Chiu. Updated on March 01, 2019. Literally translated as "the people's currency" the renminbi (RMB) has been the currency of China for over 50 years. It is also known as the Chinese yuan (CNY) and by the symbol '¥'. For many years, the renminbi was pegged to the U.S. dollar.

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