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  2. There are two types of Renminbi - and, by implication, two types of Yuan. These are: CNY and CNH. CNY is the Chinese Yuan traded in the onshore market; CNH is the Chinese Yuan traded in the offshore market. CNH and CNY are valued at the same amount in Renminbi, and both of them are currencies of the same country (China).
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    What is CNH and CNY?What is CNH and CNY and what are the main differences? CNH refers to the Chinese Yuan in the offshore market, which is outside of Mainland China (the onshore market). China’s capital markets, including the FX market, are controlled and not fully opened yet.
    Are CNY and CNH the same currency?These are: CNY and CNH. CNH is the Chinese Yuan traded in the offshore market. CNH and CNY are valued at the same amount in Renminbi, and both of them are currencies of the same country (China). This means that CNH exchanges to CNY at a ratio of 1:1. Despite these similarities, CNY and CNH are not the same currency.
    What is the difference between CNY and CNH renminbi?There are two types of Renminbi, each of which applies to a different major trading market: CNY is Renminbi that’s traded on mainland China. CNH is Renminbi that’s traded offshore from mainland China, such as in Hong Kong. What’s the difference between CNY and CNH? Both CNY and CNH are used in China. And both are worth the same amount of Renminbi.
    What is the difference between Yuan and CNH?The Yuan used domestically, also known as the CNY or onshore Yuan, and the Yuan used outside of China, also known as the CNH or offshore Yuan, are different. In this post, we will examine the distinctions between these two currencies and explain why it is vital to understand them.
     
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