The renminbi (; ; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of China. The renminbi is issued by the People's Bank of China, the monetary authority of China. It is the world's fifth-most-traded currency as of April 2025. The Chinese yuan () is the basic unit of the renminbi.
The renminbi is the official currency of China, issued by the People's Bank of China and symbolized as ¥. As the world's fifth-most-traded currency, it plays a significant role in global financial markets and international commerce.
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The renminbi (; ; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of China. The renminbi is issued by the People's Bank of China, the monetary authority of China. It is the world's fifth-most-traded currency as of April 2025. The Chinese yuan () is the basic unit of the renminbi.
One yuan is divided into 10 jiao (), and the jiao is further subdivided into 10 fen (). The word yuan is widely used to refer to the Chinese currency generally, especially in international contexts.
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