- When it comes to discussing the Chinese currency, the terms “renminbi” and “yuan” are often used interchangeably, leading to confusion for many people.
- The People’s Bank of China introduced the renminbi and yuan in 1948, with each term referring to a different part of the Chinese monetary system.
- In China, you’re simply dealing with Chinese Renminbi. It’s all the same Renminbi, whether it’s CNY or CNH. Exchanging the two works at a 1:1 exchange rate.
- Read today's latest news on the topic renminbi: Yuan Bounces Back From 16-Year Low After People's Bank of China Steps In, Will Chinese Yuan Overtake US...
- renminbi (n.) currency introduced 1948 in China, from Chinese renminbi, from renmin "people" + bi "currency."
- With the acceleration of China opening its capital market, we can help you raise renminbi debt financing to support your business expansion.
- "Yuan Renminbi - Historical and current banknotes of China (CNY / RMB) 1953-2019" (İngilizce, Almanca ve Fransızca) .
- "Renminbi" is the official name of the currency introduced by the Communist People's Republic of China at the time of its foundation in 1949.
- HSBC provides comprehensive RMB accounts and services. Get convenient cross-border renminbi services and benefit from the growing economic links with China.