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- CNY can stand for two different things depending on the context. It can refer to the currency used in the People's Republic of China, which is also called the yuan or the renminbi12. It is the 5th most traded currency in the world and has the symbol ¥ and the ISO code CNY2. CNY can also stand for Chinese New Year, which is the most important festival in the Chinese calendar3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.
The term Chinese yuan renminbi (CNY) refers to the currency used in the People's Republic of China. Although it may seem a little confusing because the names are often depicted together, they're actually two separate terms. A yuan acts as China's unit of account for its financial system and economy, which represents a single unit of money.
www.investopedia.com/terms/forex/c/cny-china-yu…'People's Currency'; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's Republic of China. [note 1] It is the 5th most traded currency as of April 2022. [3]
en.wikipedia.org/wiki/RenminbiCNY stands for Chinese New Year.www.urdupoint.com/dictionary/slang/1268/cny.html Chinese Yuan Renminbi (CNY): Overview, History - Investopedia
The term Chinese yuan renminbi (CNY) refers to the currency used in the People's Republic of China. Although it may seem a little confusing because the names are often depicted … See more
The Chinese yuan renminbi is the official currency of mainland China. As noted above, the term yuan refers to a single unit of the currency while … See more
As mentioned above, the terms yuan and renminbi are commonly used interchangeably or together in some parts of the world, so it's no surprise that their use often confuses investors. The term yuan renminbi, though, is a lot like the terms pound … See more
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